Investors need to consider the radioactive waste problems of rare earths processing
Uranium and thorium present real risk to rare earths developers – Dennis Mineweb 2 May Interview with Carolyn Dennis of Dundee Capital Markets “….. TCMR: Some rare earth deposits include uranium and thorium byproducts and, if a company is not recovering those, it needs to dispose of them. Is that a challenge most REE miners face?
CD: It’s a real risk across the board for rare earth companies. Each deposit, depending on the type of mineralogy, will have varying grades of uranium and thorium. The jurisdiction the deposit is in and how it approaches dealing with the uranium, thorium and radioactivity will dictate how much of an issue it is for the project. It can be a problem in processing as well. In a lot of cases, the thorium should be removed from the concentrate earlier in the process in order to improve processing downstream. Beyond that, radioactive waste material needs to be disposed of….”
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