RE:Red mud is piling up. 150 million t/yr. 3 Billion t globally IMHO
At 3,000,000,000 tones of red muds globaly and $80USD of REE and othere critical metals per tone.
These red muds are can be worth$240B
Lets assume a 5% royalty = $12B
Lets assume 5% market share = $600MM of potential life long revenues.
But when we assume...you know what they say.
But a rediculous number for such a small market segment for this technology. Future looks bright for GMA.
Now build that plant in Quebec and start making revenue of REE recycling.