TSXV:SMY - Post Discussion
Post by
Dariusz on Oct 29, 2021 2:33pm
REEs & Search in the media;
"Prices of praseodymium-neodymium oxide, or NdPr -- two of the 17 rare earth elements that are used in NdFeB magnets -- spiked to 735,000 yuan ($115,000) a metric ton as of Thursday, the highest since November 2011, according to data from Shanghai Steelhome E-Commerce. Prices have almost doubled this year. " https://www.bloomberg.com/news/articles/2021-10-29/china-s-rare-earth-prices-spike-as-power-crisis-impacts-supplies https://www.globenewswire.com/en/news-release/2021/09/29/2305678/0/en/Search-Minerals-Providing-80-Tonnes-of-Bulk-Sample-Material-for-Magnetic-Pilot-Plant-Testing.html
Take a look at this article and pay attention to "Phase 4" ... Neodymium metal of suitable quality to qualify for the production of Neodymium based magnets is one of the main goals for Search. BullsEye !!!
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