What happens to your weighted prices per ton if you bring La and Ce prices down to say, 10$/kg? Everything I read out there says that La and Ce prices are well inflated and are not sustainable. I think it’d be worth while to show what might happen when Lynas and Molycorp start producing.

As always, thanks for the solid information.

@Fred: I did see the news on Exploration Orbite. Including scandium, their initial data indicates a material grade of 0.05% of rare earths maximum. This is very low … the La and Nd apparently present, for example, is at maybe twice the average crustal abundance for these elements – i.e. nothing particularly noteworthy. Any process used to recover these elements, even as byproducts, would have to be extremely low cost for it to be worthwhile.

It is not the very specific, detailed information that Gareth references, but it’s a good visual.

@wwwater: thanks for the feedback. I do track that info, along with a number of other metrics and charts relating to the projects, but at this time share such details with private clients only.

@Richard Karn: thanks for note – I’ve been keeping an eye on the proposed spin-off of Kimberley Rare Earths; once it’s been completed we will of course update the Index to reflect the new owner of the deposit.

Because of the Wet, I was unable to get in to the project (mostly drill collars) but will later this year when we get to the Kimberley to look at specialty metal projects–and there are many.