For the last five years or so, the price of DyO has been steady at about $450/kg.
Despite that fact, it gets no respect from certain investors. Why?
The Duncan deposit may never be able to be economically developed. The processing might turn out to be too expensive. Even the Hellman & Duncan review of Mt Weld makes a similar point, i.e., that a 0.2% resource can be more profitable than a 5% one.
If a suitable Duncan concentrate can be created, it would have a ~25% less Cerium and ~5x more HREEs.
Assuming Lynas can separate those HREEs, they stand to make a lot more money selling them than they would lose by selling less Ce (the REE in greatest oversupply at this time, IIRC).
That could make a difference to the project.
I'm pretty good at cornhole - and horseshoes, for that matter.
I'd still prefer to hear Lynas has 20 years LI/CZ ore at double the just-doubled rate.
Add to My Watchlist
What is My Watchlist?
