Why I raised the question is that NTU plans to I gather produce a 92% pure mixed TREO oxide as shown by their ASX statement dated 6 February 2013:
"Purity of the final calcined product exceeded the target of 92% Total Rare Earth Oxide TREO in mixed Rare Earth (RE) oxide ..."
While CUX plans to follow on the wet and dry processing with an:
"... on-site refining to remove uranium, thorium and major gangue elements to produce a high purity mixed earth carbonate product."
(CUX Quarterly Report December 2012 page 2)
What I should have asked was the difference between the planned final NTU Oxide product and the planned final CUX carbonate product?
Further what would be more attractive to companies separating the final mixed high purity products? The carbonate or the oxide?
If there is a more attractive product for companies creating seperate rare earth metals this would surely affect the price for the final product, which as you pointed out, is a VERY import question to be answered.
Still love to know the answer if anyone knows.
Thanks for your response Kickit2me.
Cheers,
Stoops
CUX Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held