PRICES

In 2015 the basket price for REE (Fen deposit) was historically low i.e. USD 12,5 per kilo. Adamas Intelligence and Roskill, leading analysts in the REE industry, estimates that the REE prices will increase significantly in the years to come. Based on Adamas' report from December 2016 (Rare Market Outlook: Supply, demand and pricing from 2016 through 2025) our basket price will be approx. USD 19 in 2020 and USD 26 in 2025. Currently (Q3 2017) the basket price is already increased to USD 18 per kilo.