Was thinking about the separation of NdPr into their respective oxides.
NdO and NdPrO have the same value so there is no benefit in that separation (save for making customers happy).
PrO has a price premium of 25% but is only 20% of the NdPr mix. So even if you refined the whole production and split the oxides you'd increase revenue by 5%. Not sure what costs are involved taking that extra step but it can't leave a lot of fat.
Refining into metals has way better returns. Over double for Ce and La and an average of 25% for Nd and Pr. Once again I'm not sure how hard that is or what customers there would be for the finished materials.
Am I wrong to be more excited about the plans to increase production than to refine the products?
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