I forgot to add that the company informs me that they expect to be in production of HREEs in 2015.

I got the names wrong – mea culpa

What of Northern Minerals (NTU.asx) in Australia, which has an overwhelming HREE profile? Dudley Kingsnorth is on the Board. Chinese interests (Conglee) hold a 16% interest. and Lynas (LYC.asx) 7%

At this stage, Northern Minerals primary focus is exploration and development of rare earth elements (REE) at its Browns Range and John Galt project in northern Western Australia.

The Company has confirmed high value, heavy rare earth elements (HREE) at Browns Range. The discovery is particularly significant due to the nature of the xenotime mineralisation, which supports easy processing and a relatively quick and low cost path to production. A feature of the projects is the dominance of HREE in the results to date. This includes high levels of dysprosium and yttrium, which are in particularly short supply. The presence of the HREE differentiates the Browns Range project from the majority of other potential new REE projects around the world, which are generally dominated by light REE.

In 2012 on the pathway to production, a key milestone is the maiden JORC Code Compliant Resource.

What of NTU.asx in Australia, which has an overwhelming HREE profile?

Chinese interests (Conglee) hold 20% interest

During my research I stumbled over the number one marketing tool of most companies: basket prices. In the case of Lynas they seem to be very misleading. Not only because they haven’t been updated for weeks (reflecting the ongoing LREE price decline) but also because they are advertising products they could not seperate even if they were given a permission to produce in Malaysia.

As I understood your comments it is not easy to find a place to seperate these elements outside of China. But even if it would, can you give us an insight or estimate of the costs involved seperating these HREE?

Thanks in advance with kind regards from Germany
Curtis

Latest News from Stans Energy:
Boris Aryev, Chief Operating Officer of Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), is pleased to report that, as part of its ongoing operational testing at the Kashka Rare Earth Processing Plant (KRP), the company has produced dysprosium, terbium and gadolinium metals from its metals fabrication facilities. Listed below are the quantities and purities of metal fabrication results:

Rare Earth Metal Weight (Kg) Purity FOB Metal Price (USD) FOB Oxide Price (USD)
Dysprosium 3.3 99.9% $1200-1250 $900-950
Terbium 0.8 99.9% $2550-2650 $1580-1680
Gadolinium 18.7 99% N/A $66-68
* Rare Earth prices taken from http://www.asianmetal.com on October 4th, 2012

Now, I would like to paste parts of your interview (http://www.theaureport.com/pub/na/13618), just to make sure that I haven’t got it wrong here:

http://www.theaureport.com/pub/na/13618

TCMR: What other critical rare earths are you watching?

JL: The big issue in magnets is the HREE dysprosium. There is not now, nor has there ever been, any production of dysprosium from outside of China. There are several possible significant dysprosium sources coming on-line in the next two to four years from hard-rock sources outside of China.
Dysprosium is the problem metal for everyone, because no hard-rock source has ever been put into production

MY COMMENT: ..except Stans Energy and that during past 3-4 month!!!

So anyone interested in one of the worlds biggest mining and heavy REE metal Producer with already proven Process: see http://www.stansenergy.com/
This is just my personal opinion as a private Analyst, so I don’t suggest to invest in that company, but I like more people getting aware of a great opportunity. You can get all information on their website.
There are always risks in mining business, just some examples:
geopolitical location: South Africa, for instance…who would risk a dime in a mine there in this time of turmoil? Malaysia: chances for LAMP unknown
Financing,debt: some mines and just oxide producers investing nearly a billion and no sight when they ever will be in the green and some still years away from establishing production
Process: some are in huge debts already and not even proved that their process will work….could take years to optimize, achieving a acceptable purity.

Stans is located in Kyrghiztan, which turned into a Democratic state. Sure they still struggling, BUT during past year they fully understood that for them mining is the most important tax revenue. Past 3 months they established and implemented new policies to ensure the security of foreign investors investments.

do you really think that south africa , indonesia etc. are more democratic, free market oriented than russia or kyrgyzstan?
do you really desire and believe that in the 21st century the old style democracy principles would be able to govern countries like china, russia, etc.
do you really believe that an investment in south africa oder southern america ist safer as an investment in Russia or Central asia?

you cannot be both, an expert on raw materials /rare earth and an expert on geopolitical issues. you mix in all your contributions all these aspects up.
you cannot simply press the ignore button on a company , simpy because it is located in central asia and tell us s.th about geopolitical issues, without knowing anything what happens in Russia and central asia.

My advise: please focus on your expertise and tell your readers precisely, what your expertise is.

And remember that in the courty of one of your favourties, 35 mine workers have been killed by policemen.

regards, andech from germany (Ph.D. , political scientist, )

Great article…It’s good to hear that Ucore has such bright prospects next year. But aren’t you going out on a limb, a bit, seeing how their PEA hasn’t even been released yet?

It amazes me they don’t even have a date certain to have the PEA out to the public. Should we take that as good news or bad news?

And do you know if Ucore has bought the patent to Dr Hammen’s Spider Web nanotech seperation technology or does he retain it for himself and license it out? From what I’ve read this breakthrough technology could be almost as lucrative as the HREEs at Bokan…What say you?