RE: found an interesting factWhile Ribidium is not a REE, finding it in huge amounts as EFG did, is huge. Those that understand this accounted for the huge volumes we saw yesterday on EFG and AIIX. Many were taking profit but many others were grabbing what they could imo.
World Mine Production, Reserves, and Reserve Base: Rubidium is found in trace amounts in some potassiumbearingminerals such as feldspar and mica that formed during the crystallization of pegmatites. These exceptionally
coarse-grained rocks form late in the crystallization of granitic magma and may have concentrations of unusual and
rare minerals such as lepidolite, a lithium-bearing mica. This mineral is the principal ore mineral of rubidium and may
contain up to 3.15% rubidium. Rubidium may also be obtained as a byproduct from pollucite, a cesium
aluminosilicate mineral that may contain up to 1.35% rubidium. There are no minerals in which rubidium is the
predominant metallic element. Canada is the world’s leading producer of rubidium (pegmatite). Rubidium
occurrences have also been reported in brines in northern Chile and in China and also in salt beds in France,
Germany, and New Mexico.