Forbes reports Australia’s Alkane Resources, one of our contending Names You Need To Know In 2011.
The editorial is quoted as saying:
Why Alkane Resources? Because at their Dubbo Zirconia Project in southeastern Australia, they are sitting on reserves of the really rare stuff, the heavier rare earths dysprosium and terbium that are less plentiful in the world’s mining deposits and harder to extract than the much more common light rare earths. The distinction often escapes news coverage of this issue but could mean the difference between profit and loss for the next decade’s miners of these metals.