stans among the highest movers The third highest mover was Stans Energy Corp. (OTCQX: HREEF | TSX: HRE) with a share price increase of 20.46% and 19.30% respectively. Stans Energy announced on October 24, 2012, that that their rare earth technology partner, the leading Russian Research Institute of Chemical Technology (VNIIHT), has successfully tested a contained, environmentally friendly process for extracting thorium, radium, and fluorine from Kutessay II rare earth concentrates. In addition, VNIIHT’s new cracking method yielded a higher recovery of rare earths from historical concentrates: 95% at the impurity removal stage, and 93% at the nitrate-creation stage. The final product of these tests was a 98% pure combined rare earth oxide (REO) nitrate solution. From this product, VNIIHT is currently conducting a further study, attempting to selectively extract each of the most valuable REOs: dysprosium, terbium, yttrium, neodymium, europium, and lutetium. These six oxides account for nearly 85% of projected Kutessay II revenues, using current rare earth pricing (read more).
https://proedgewire.com/rare-earth-intel/ree-weekly-rare-earth-metals-23-08-tantalus-20-97-and-stans-energy-20-46-lead-ree-market-a-billion-dollar-week-for-alkane-resources/