Australian Shares Sparty's Blog
Comments on this blog should never be taken as investment advice
Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy.
Main Forum•Materials by Criticality Category
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From the US DOE Dec. 2010
Australia has the world's richest rare earth deposit owned by an emerging value adding vertically integrated company (LYC), the world's richest Heavy REE deposit with a 100 year+ mine life (ALK), the world's largest Rare Earth deposit (GGG). Around a dozen companies with REEs
Note: The short term and medium term Criticals... Of particular note is that Lithium is the only metal to shift to the right... meaning that while there is adequate Lithium at the moment that we probably will see a shortage in the future... this makes Galaxy Resources a rather nice place to be.... see my earlier post
Visit www.Australian-Lithium.com for more info about the Australian Lithium ASX companies
Those of you that are following the rare earths story should note that of the short and medium term critical materials are held by three Australian companies but only one has Yttrium as a high percentage of its resource.
This page is for those needing a starting point for choosing a REE ASX listed company.
Now for a few questions: Which country produces Yttrium from ionic clays and has had to stop small scale mining because of lethal pollution? Which two countries outside of China have Yttrium in commercial quantities and will be able to supply the market in the near term? Which Australian listed company has a JORC resource of tellurium...
