Bullboard - Stock Discussion Forum Search Minerals Inc SHCMF

Primary Symbol: V.SMY

Metals & Mining Industrial Metals & Minerals

Search Minerals Inc. is a Canada-based mineral exploration company that is focused on acquiring, exploring, and evaluating mineral resource properties. The Company's projects include Deep Fox Resource, Foxtrot Resource, Fox Meadow Prospect, Silver Fox Prospect and Red Wine REE District. The Deep Fox Resource is located approximately two-kilometer (km) northeast of the port of St. Lewis on the... see more

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Search Minerals Inc > REEs & Search in the media;

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Post by Dariusz on Oct 29, 2021 2:33pm

REEs & Search in the media;

"Prices of praseodymium-neodymium oxide, or NdPr -- two of the 17 rare earth elements that are used in NdFeB magnets -- spiked to 735,000 yuan ($115,000) a metric ton as of Thursday, the highest since November 2011, according to data from Shanghai Steelhome E-Commerce. Prices have almost doubled this year. " https://www.bloomberg.com/news/articles/2021-10-29/china-s-rare-earth-prices-spike-as-power-crisis-impacts-supplies

https://www.globenewswire.com/en/news-release/2021/09/29/2305678/0/en/Search-Minerals-Providing-80-Tonnes-of-Bulk-Sample-Material-for-Magnetic-Pilot-Plant-Testing.html

Take a look at this article and pay attention to "Phase 4" ... Neodymium metal of suitable quality to qualify for the production of Neodymium based magnets is one of the main goals for Search. BullsEye !!!