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06/22/12 9:26 PM

#64842 RE: Huntewr7 #64840

Has anyone ever thought about REE processing a little closer to home?? Do some checking. ;~)
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mikeymgd

06/22/12 10:42 PM

#64850 RE: Huntewr7 #64840

You are correct. I stated the wrong country by accident.

Lynas is set to work in the second largest land based REE deposit currently known and open a brand new processing plant this year.

Molycorp already sits on a large stock pile of raw material and is unlikely to need any further raw material this year.

China has its own mines so will not import raw material.

Who could buy SNEY raw material for processing. Odds are we will now in. Couple of months.

The suspense is killing me.

Thanks for the catch. Quick typing without proof reading leads to errors. If you get a chance I recommend reading the article about REEs that I posted. It's very informative.