Scoping study spells out Tanbreez as a winning rare earths operation

Future-oriented technologies hardly work without them: rare earths. They are mainly dismantled in China - especially the German industry is heavily dependent on them.

Modern technology would not exist without rare earths: These raw materials are essential for batteries, electric motors, and computer chips. As the world's most important producer, China is aware of its strategic power.

They are needed for batteries and electric motors – and come mainly from China: Germany recently acquired around two thirds of the imported rare earths from the People's Republic.

The material group of rare earths is used in promising technologies. They are mainly dismantled in the People's Republic of China, where the German industry also prefers to cover up.

Scoping study spells out Tanbreez as a winning rare earths operation

Tanbreez scoping study highlights a pre-tax NPV of US$2.4-3.0 billion at 10% and 8% discount rate and IRR of 162%, mine life of 19 years Results present the viability of the Greenland project as a standalone rare earths operation Project is underpinned by its magnet rare earths oxides   Special report: A scoping study has outlined the strong potential of its Tanbreez project in Greenland to produce valuable magnet rare earths. Key highlights for…

Despite political efforts to diversify, almost two-thirds of Germany's rare earths continue to come from China. Germany and the EU are focusing on recycling and new sources of supply to reduce dependence.