August 2012 Updates To The TMR Advanced Rare-Earth Projects Index

by Gareth Hatch on September 20, 2012 · 2 comments

I recently updated the list of projects on the TMR Advanced Rare-Earth Projects Index, to reflect a new rare-earth mineral-resource estimate that was announced recently. I also made some other updates. The effective date of the updates is September 19, 2012. The specifics:

On September 19, 2012, Namibia Rare Earths Inc. (TSX:NRE) announced a NI 43-101-compliant mineral-resource estimate for the Lofdal project in Namibia. According to the associated press release, 0.90 Mt of the resource is at the Indicated level @ 0.62% TREO and 0.75 Mt is at the Inferred level @ 0.56% TREO (each at a cut-off grade of 0.3% TREO).

I have also updated the pricing used in the Index data, to reflect the average monthly prices for August 2012 and the moving three-year average price for separated rare-earth oxides.

FYI, TMR is tracking a total of 441 rare-earth projects in progress associated with 269 different companies in 37 different countries.

You can access the updated details via the Index page.

Disclosure: at the time of writing, Gareth Hatch holds no shares or stock options in any of the companies mentioned in this article, or in any publicly traded rare-earth company, nor is he doing paid consulting for any such company.

About Gareth Hatch

For more than 20 years, Gareth Hatch has helped people and organizations to better understand the challenges of the critical-materials supply chain. He is Managing Director of Strategic Materials Advisors and was a co-founder of Technology Metals Research, consulting firms operating in the critical-materials sector. Gareth is co-founder and CEO of Innovations Metals Corp. (IMC), developers of the proprietary RapidSX™ separation and purification process for critical metals. IMC is owned by Ucore Rare Metals Inc. (TSX.V:UCU) for whom he serves as CTO and Director. The views and opinions expressed by Gareth on this archived Web site are his alone. Such views and opinions do not necessarily represent those of any other person or entity.

1 Vlad September 20, 2012 at 11:44 PM: ????? Hatch !
Is there a global project to obtain the rare earth elements in phosphogypsum processing ?
2 Abdullah September 23, 2012 at 1:44 PM: Gareth
Thank you very much for initiating and updating the TMR Advanced Rare-Earth Projects Index.
kindly show the difference between:
1. the Rare-earth-oxide value per unit mass of mineral resource, and
2. the Rare-earth-oxide unit basket price.
Is higher value of both better for the miner and investor?