The Critical Metals Report: Investors need to identify profitable projects in this space. What does it take to produce rare earth elements (REEs) at a healthy profit?
Alex Knox: Above all, a project needs a combination of high grades and high-value REEs, such as heavy rare earths (HREEs). High value-per-ton ore keeps a project cost competitive. As the market fluctuates and REEs go up and down in price, the low-cost producers will keep operating when rival companies may have trouble staying afloat.
Secondly, a low-cost method of extraction is important. If the REEs require … [visit site to read more]