Post by
trader53 on May 05, 2024 4:40pm
Maximum Market Research unsolicited research paper!
Despite its strategic importance, only three pegmatite operations in the world generate it on an industrial scale: Tanco in Canada, Bitika in Zimbabwe, and Sinclair in Australia. Tanco and Bitika are no longer functioning, and Tanco and Sinclair's inventories are mostly depleted and held by China. As a result, not only is there restricted output, but also a relatively small number of enterprises in the cesium distribution network. Sinomine Resource Group Co. Ltd, from China, is now the holder of the Tanco mine and Sinclair's reservoirs, but a new potential rival is just surfacing on the cesium picture: Power Metals Corp., a largely unexplored Canadian junior miner better remembered for its significant heavy rock lithium reserve in Canada. With complete ownership of the Case Lake site in Ontario, where it discovered a reservation containing some higher quality cesium ore, this business is standing on what is anticipated to become only the fourth industrial mine of its sort on the entire planet.