Is it time for clay to supersede hard rock in REEs?
It’s been a tough 18 months for Rare Earth developer and producer stocks, with Shanghai NdPr prices having peaked in early-2022 and being pretty much in decline since then. But Rare Earths (REEs), and heavy rare earths (HREEs) in particular, are still strategically important materials and we need to see major investment in the sector if the Western World is to develop its own supply chain away from China. We haven’t seen too much funding flowing into the space apart from 2-3 key projects, and that’s an issue because hard rock rare earth projects are highly-capital intensive. As a result,...
Topics
Capital Intensity
Carbonatite
CREE
CREO
Deficit
Dysprosium
ESG
Europium
Hard rock
Ion adsorption clay
NdPr
Processing
REE
Terbium
