The U.S. Rare Earths Supply Chain Challenge – Part 2
In an ongoing series on how to solve the U.S. rare earths supply chain challenge, 3 Sr Editors from InvestorIntel and well-known Rare Earths Consultants begin the debate on what is the actual formula to create a supply chain in North America.
Participants include Tracy Weslosky, InvestorIntel’s Sr Editor, Publisher and Rare Earths Consultant; Jack Lifton, InvestorIntel’s Sr Editor, Host and Rare Earths Advisor; and Alastair Neill, InvestorIntel’s Sr Editor and Rare Earths Expert.
Alastair starts the debate with: “First of all the key is to find a deposit that has a reasonable cost structure and also reasonable content particularly the magnetic four – neodymium, praseodymium, terbium, and dysprosium because those will drive 85-90% of the revenue of any deposit. Then you have to be sure that you can convert that deposit into a concentrate and after that you have to be able to separate it into the oxides. When you talk about magnets you then have to go to the subsequent steps of conversion to metal and then into alloy before you can even get to the magnet manufacturing stage.”
Jack added, “The first thing you do is ask the customer what he wants to buy. Then you can go upstream in the supply chain and find out what you need to do.”
The experts panel also discussed the exploration and extraction plays in North America. Tracy said that some of the exploration plays in North America include Avalon Advanced Materials Inc. (TSX: AVL | OTCQB: AVLNF), Search Minerals Inc. (TSXV: SMY), Ucore Rare Metals, Imperial Mining Group, etc.
To access the complete discussion, click here
To access Part 1 of this rare earths series, click here
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>