How mineral sands and rare earths can help Victoria revive its reputation as a mining state theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.
Three decades ago, somebody decided to hoard a worthless pile of sand. Now it’s a billion-dollar stockpile that will help wean Australia off Chinese rare earths.
Gearing up for next month’s ASX debut is ACDC Metals, which aims to build a mine-to-market critical metals company by combining heavy mineral sand assets and a proprietary rare earth element (REE) processing technology.
Mineral sands stocks on the ASX: The Ultimate Guide
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A lesser understood, yet essential section of the resources sector is mineral sands, with several ASX-listed plays geared to take advantage of forecast supply gaps in the coming years.
The mineral sand suite is critical to numerous products found in everyday life from toothpaste to tiles, to the paint you put on your walls or the titanium metal used in human implants or found in aircraft and golf clubs.
Various minerals are included in the mineral sand suite, but the ones primarily sought from mining are ilmenite, leucoxene, rutile and zircon.