Subject
Minamito Orosima rare earth project > the math of rare earth production
Quote from Video
And is this something that is going to change the math of rare earth production? Uh probably not. The Minamito Orosima deposit while huge absolutely huge is at the bottom of the seafloor on the abyssal plane under 8 km of water. So you have to bring it up and then dry it and then start the processing. So you're already talking about costs that are on average an order of magnitude higher than anything anywhere else.

“And is this something that is going to change the math of rare earth production? Uh probably not. The Minamito Orosima deposit while huge absolutely huge is at the bottom of the seafloor on the abyssal plane under 8 km of water. So you have to bring it up and then dry it and then start the processing. So you're already talking about costs that are on average an order of magnitude higher than anything anywhere else.”