Despite the challenges the rare earths market faced in 2019, those INN spoke to remain confident that the growing importance of the critical metals will translate to price growth and prosperity long term. “We think pricing for neodymium oxide will keep moving between US$40 and US$50 per kilogram, a healthy range,” said GeoMegA’s Mugerman. “Demand […]
” What’s the rare earths outlook for 2020? Here analysts and CEOs share their thoughts on what’s ahead for the rare earths market. “
” Department of Energy DoE 2011(!) forecast of dysprosium oxide demand was correct. We are on “Trajectory C” and demand is indeed beginning to exceed supply. In terms of heavy rare earths such as dysprosium largely overlooked is the steady rise of gadolinium. #RareEarths” @GITI_SG
#RareEarths: Will future supply be able to meet future demand? https://web.mit.edu/12.000/www/m2016/finalwebsite/problems/ree.html This 2016 article by MIT is highly relevant – mandatory reading. “Cost of Inaction” sums it all up. Even at Argus low CAGR forecast of <5% supply gets really rather tight. Ignore at your peril. @GITI_SG Cost of Inaction: If nothing is done to […]
“What you see on the left is one thing we produce: neodymium oxide. That’s the main oxide of rare earth elements that go into building magnets. The neodymium metal goes into magnets, and the magnets go into motors — that’s the main driver of this entire sector… The most important thing that I want you […]
The neodymium metal goes into magnet, and the magnet goes into motors — that’s the main driver of this entire sector. If we go about what GeoMegA is today, then we have a rare-earth processing technology developed by our private subsidiary INNORD and we also have Montviel, which is a 43-101 large resource of a carbonatite-bastnasite. It is the largest in Canada.
Learn more about our plans for ISR technology in the near term and beyond. https://ressourcesgeomega.ca/wp-content/uploads/2019/12/2019-12-31-KTR-BusinessModel.mp4 The objective is to sell it all into the European market. After this, we’d love to sell into the US but the US abandoned any kind of production of magnets in the ’90s. Now they’re slowly trying to attract it […]
“If I drive it up to full 24 hour operation, then that gives me 4.5 tons per day. Do the math, with that you can generate $30 million dollars of sales with $6-8 million of profits on a $2.6 million dollar investment. That’s starting to sound very interesting.” https://ressourcesgeomega.ca/wp-content/uploads/2019/12/2019-12-31-KTR-DoTheMath.mp4 https://ressourcesgeomega.ca/wp-content/uploads/2019/12/2019-12-31-KTR-DoTheMath.mp4 “What we are going to […]
Mr. McWhirter has more than 30 years in the securities industry and is a top-ranked money manager in Canada. He uses a 12-factor stock selection methodology that has both growth and value characteristics, including: return on equity, earnings surprise, earnings estimate revision, price to book, and price to earnings ratios.
“The (mining) project is not forgotten, it’s still within the company,” said Mugerman, “but today to bring it to value is very hard. It’s a very high risk for a company to begin committing hundreds of millions of dollars when you don’t control your destiny — if the price goes up, China can still bring it down.”
Geomega Resources is improving its proprietary ISR technology as it moves closer to being Canada’s first rare earth elements recycler and the only one outside China. The company operates a pilot plant and has made several optimizations recently.
GéoMégA president and CEO Kiril Mugerman discusses the prospect of producing rare earth elements (REEs) in Canada for the magnet industry via clean mining and processing practices. This presentation was part of the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.
Price volatility for rare earth minerals is expected due to shifting demand and supply Nils Backeberg, senior analyst at Roskill, educates Proactive Investors on today’s markets for rare earth minerals, with particular attention to factors influencing demand and thus prices. Roskill will be publishing a report on rare earths later this month.