Rara Terra (TSX.V-RTX) has 16.2M shares outstanding, 22.7M fully diluted with $1.8 million in the treasury and is an early exploration company seeking any or all of the most critical rare earth elements (REEs); namely dysprosium, terbium, yttrium, europium and neodymium. The consensus is that these four heavy rare earths and one light rare earth (neodymium) will experience significant supply deficits. Below is an illustration of price and key uses for these REEs:
Neodymium $310/kg* Key Use: high temperature magnets
Dysprosium $2,280/kg* Key Use: extends the temperature range in which a magnet can be used
Yttrium $177/kg* Key Use: red phosphors/white and grey LEDs
Terbium $4,100/kg* Key Use: TVs (yellow/green) CFLs
Europium $5,060/kg* Key Use: TVS (blue/red) CFLs
Rara Terra’s key strategies are to explore for specific REEs based on forecasted deficits and seek uncommon mineralization that may lead to elemental distribution with more favorable economics. The Company has two key properties: an option to earn a 60% interest in the 2,479 ha Lonnie property and the 100% owned 7,966 ha Xeno property, both located in the Rocky Mountain Rare Metal Belt in Northern British Columbia. The Rocky Mountain Rare Metal Belt is a fast-developing exploration play that deserves the attention of resource stock investors looking for capital gains through discovery of valuable rare earth and rare metal deposits.
