One wrote: "I found a deposit of REE in graphite"
It seems to me that this is a deposit of low-grade graphite. Such graphite costs 100 times less.
He found a very poor occurrence of graphite. No one bought it as a graphite deposits. Then he decided to sell his occurrence as a REE deposit. This is not a REE deposit.
A good mineral deposit is a rare find. Not every occurrence of minerals is a true mineral deposit.
For example, under the guise of REE deposits, they can sell an occurrence containing apatite, thorite, fluorite, brockite and many others. Such “deposits” are unpromising for the production of REE.
You too can apply to our consultation: "Assessing Investment Risks in Mining"
Ph.D. Natalia Petrovskaya
It seems to me that this is a deposit of low-grade graphite. Such graphite costs 100 times less.
He found a very poor occurrence of graphite. No one bought it as a graphite deposits. Then he decided to sell his occurrence as a REE deposit. This is not a REE deposit.
A good mineral deposit is a rare find. Not every occurrence of minerals is a true mineral deposit.
For example, under the guise of REE deposits, they can sell an occurrence containing apatite, thorite, fluorite, brockite and many others. Such “deposits” are unpromising for the production of REE.
You too can apply to our consultation: "Assessing Investment Risks in Mining"
Ph.D. Natalia Petrovskaya
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