Friday, November 11, 2011

Interesting article about rare earth companies

Streetwise Reports interviewed recently John Kaiser the editor of Kaiser Research Online about rare earth companies. He singles out several companies that have a chance to be producing towards end of this decade (2016-2017) by stating: “The world does not need dozens and dozens of these deposits, however, which is why I think the race has already pretty much been wrapped up by companies Quest, Rare Element Resources, Tasman Metals and Avalon Rare Metals..”. He talks about companies with heavy rare earths prospects [Please check my earlier post about rare earths on why some rare earth elements are more rare than others].
His estimate is that Tasman’s Norra Karr deposit could take care of Europe’s needs for 50+ years. The problem with Norra Karr is that it “involves a mineral that has never been commercially exploited. So a key milestone is the publication of a preliminary economic assessment based on a bench scale-established metallurgical flow sheet that establishes the recoveries and the associated energy and reagent costs.”

Note that the following companies mentioned in the interview are sponsors of The Critical Metals Report: Commerce Resources, Quest Rare Minerals, Tasman Metals, Rare Element Resources. Note also that John Kaiser stated that he personally and/or his family own shares of the following companies mentioned in this interview: Quest Rare Minerals and Tasman Metals.
The author of this blog also owns shares in Tasman Metals at the time of writing (11/11/11). Please also note that investment into exploration stage companies is highly risky.

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