InvestorNews.com host Tracy Hughes sits down with Rupert Verco, CEO of Cobra Resources PLC (LSE: COBR), to discuss their groundbreaking, environmentally friendly approach to rare earth extraction. Cobra Resources is advancing Australia's only rare earth project amenable to in situ recovery (ISR), a low-cost, minimally invasive mining method that requires no excavation or surface disturbance. Verco enthusiastically highlights Cobra’s unique advantage, stating, “We have discovered a unique style of mineralization that is amenable to in situ recovery, which is low cost and low capital,” positioning Cobra as a disruptive player within the critical minerals industry.Tracy Hughes of InvestorNews.com highlighted Cobra’s recent milestone: the production of their maiden Mixed Rare Earth Carbonate (MREC) from the Boland Project, boasting an exceptional Total Rare Earth Oxide (TREO) content of 62.4%. Verco explained Cobra's distinct extraction process, leveraging natural geological confinement and a membrane extraction technology. He detailed the impressive economics: “We're producing a carbonate at a cost metric that's around $6 US per kilo, for a value add of around $100 per kilo.” Emphasizing the project’s unique advantage, Verco stated, "Such a high purity product from a simple, low-cost flowsheet is a clear demonstration of Boland's commercial potential."In highlighting Cobra’s key differentiators, Verco pointed out critical environmental and operational advantages: “We don't move a single cubic metre of material... we're very low cost and we're very low capital.” He emphasized Cobra’s potential to replicate their innovative model globally, noting existing ISR operations in Wyoming as a blueprint for future expansion. Throughout the interview, Verco underscored Cobra's vision of offering strategic critical minerals sustainably to support global technological development and sovereignty.
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