Interview: Carolyn Dennis, Risks of Uranium

Mineweb reported an interview with Carolyn Dennis who talks investors through the risks and pay-offs of uranium and other rare earths elements.

Dundee Capital Markets’ Carolyn Dennis said:

 It’s a real risk across the board for rare earth companies. Each deposit, depending on the type of mineralogy, will have varying grades of uranium and thorium. The jurisdiction the deposit is in and how it approaches dealing with the uranium, thorium and radioactivity will dictate how much of an issue it is for the project. It can be a problem in processing as well. In a lot of cases, the thorium should be removed from the concentrate earlier in the process in order to improve processing downstream. Beyond that, radioactive waste material needs to be disposed of.

Click here to read the full Mineweb report.