Commerce Eldor vs Avalon Commerce's Eldor Carbonatite vs Avalon's Per-Alkaline. Eldor's deposit is what I look for, not Avalon's
From Commerce's last News Release:
This type of MHREO enrichment is unique to Ashram as it extends from surface with significant tonnage and grade (6.55 million tonnes at 1.63 per cent TREO of measured and indicated, and 2.79 million tonnes at 1.57 per cent TREO of inferred) along with a well-balanced distribution. As the enrichment includes neodymium (18.6 per cent of TREO) along with appreciable grades of cerium, lanthanum and praseodymium, the distribution remains favourable over all of the light rare earth oxides (LREO), middle rare earth oxides (MREO) and heavy rare earth oxides (HREO). This is in contrast to most alkaline and per-alkaline deposits which are typically enriched only in the HREOs while strongly deficient in the LREOs (Ce, La, Pr and Nd) and MREOs (Sm, Eu and Gd), and especially the highly sought after neodymium and europium.
Europium is primarily used as a phosphor to produce the red colour in various lighting and display applications with no acceptable substitutes, thus demanding one of the highest of all REO prices. In addition to europium, the central MHREO zone is also enriched in neodymium, terbium, dysprosium and yttrium, all of which are facing short-term and long-term supply issues
In addition Avalon's recovery technique uses a massive amount of electricity to roast the core, which they don't have. At Eldor, extraction from a carbonatite does not need roasting for extraction.