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15:28
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Originally posted by Spinnaker:
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Rare earths extraction usually requires significant capex, in the hundreds of millions of dollars, and the processing plants are often bespoke, which makes commissioning very difficult. 6 other large channels on the flanks of Deep Leads (see Figure 3). The potential size of REE mineralisation at Deep Leads and the Rubble Mound REE discovery 6 kms east of Deep Leads is becoming substantial ."6 other large channels - They have drilled enough holes now to start understanding the underground topography - the rare earths flow in channels (very slowly of course - on a geological time scale) and the great white hope is that if they follow the channels they will find a pool of REE trapped by hard rock.
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