Brazilian Critical Minerals has found a point of difference

The US markets continue to show volatility with this week's
debate being about the direction of the US economy. Our
Metals and Mining Index has been hit by falling iron ore
prices, causing BHP, Fortescue and RIO to tumble. Oil
prices have been coming off and the uranium price has
been drifting. Once again, the only sector offering joy on
the commodity price front is gold.

Brazilain Critical Minerals (BCM) has managed to find a point of difference when
compared to other rare earth stocks, being the ability to
recover the rare earths using ISR methods (in-situ
recovery) with low capex. It was with great enthusiasm that
the CEO, Andrew Reid, explained how wonderful this could
be and claiming it to be unique outside of China. Why? He
called it "green" due to the use of eco-friendly reagents, no
open pits and no tailings dams. It would use a magnesium
sulphite solution (aka epsom salts) as opposed to ammonia
sulphate. It will reduce the process from 10 steps to only
four steps. 

 WeeklyComm7Sept2024.pdf