Next Investors logo grey

Frontier Resources is Now Lanthanein Resources

|

Published 24-MAY-2022 10:49 A.M.

|

1 min read


Investment Memo: FNT (LRN) 2022

General: Name change


Our rare earths Investment, Frontier Resources (ASX:FNT), is now Lanthanein Resources (ASX:LRN).

We’ve reflected this on our website, with the new logo and new name.

From time to time, companies rename themselves to reflect a new direction. In the case of FNT, (now LRN) we like the new name and slick logo - good branding is important.

For the etymology nerds out there, Lanthanein is Greek for ‘lies hidden’ and is the origin of the word "lanthanide" which was introduced by a Norwegian mineralogist called Victor Goldschmidt in 1925.

Goldschmidt was one of the founders of modern geochemistry.

In what feels like a paradox - rare earths are abundant in the Earth’s crust but hard to find. Hence the ‘lies hidden’ phrase that Goldschmidt attached to it.

The lanthanide series on the periodic table can be found below:

Lanthanide-Series-Lanthanoids.jpg

The two lanthanide series elements we’re most hoping LRN can find in abundance are Neodymium (Nd) and Praseodymium (Pr). These are essential in the manufacture of wind turbines and the permanent magnets found in electric vehicles.

You can see the Neodymium price chart over a 5 year period below:

sremndm_com (2).jpeg

What’s next for LRN: We’re looking for a clear date to be nailed down for their Gascoyne, WA drilling program near Hastings Technology Metals’ Yangibana project. We view this as a major catalyst in the context of current market sentiment towards rare earths.