Medium Term Target: A$1+ billion market cap, page-1029

I’d read this comment below from the PFS which seemed to answer an earlier question I’d had about why QPM didn’t include it in their own PFS calculations. That is, 95% recovered/recycled.
So I also didn’t want to presume any sales of it in my scenarios but also wasn’t sure about the price, all I could find at the time was magnesium pricing which as you noted from those slides and I hadn’t seen at the time, is massively higher than magnesia.
If the 95% re-use estimate holds true in the expanded production scope, any revenue earned from magnesia sale would be pretty negligible.

“The DNi Process is able to treat the entire profile of a laterite deposit – limonite and saprolite independent of iron or magnesia grade. A key feature of the DNi Process is that over 95% of the leach reagent, nitric acid, and magnesia is recovered and recycled, lowering production costs and efficiently reducing associated environmental issues. Recycling the magnesia avoids the need for purchasing magnesia and lime and limestone for acid neutralisation as is the case for HPAL”