So I have been doing some reseach on LRS to see what they do especially as you have all brought it to my attention. One of the other area they do that isnt as prominent as the Lithium for renewables is something called kaolin-halloysite.
They all claim they have (potenially) the largest deposit in AU of this stuff in WA (its always in WA- what ever).
Its used in a variety of applications. I wont mention here though below is a link to obviously one of its competetor here in AU (well South AU) that has also found the stuff. Its like a white clay which on a nano level contains tiny tubes. Have a quick watch (Its not long) if your interested. This company isnt LRS though another ASX copmpany called Andromeda Metals (ASX: ADN)
ADN: ASX
Just a tad of Education for you all