Most of the calculations were done on the back of an envelope after losing a few nights sleep since the announcement
I didn't have a subscription to metal pages so I base my rare earths prices on Lynas' Mt Weld basket price of $118 kg. Since then someone has kindly calculated Crowns basket price at $131 kg
I googled the rest of the resource elements and based most of my prices from Alibaba at
http://www.alibaba.com/
Most are the best figures I could find that were low ball and a compareable product
That Alkane announcement you posted clearly shows that I have overstated the value of the ZrO2 by a factor of 3 but I would only reduce my Calulations by $6,000,000
whereas the basket price for the Rare Earths has gone from $118 to $131 a kg which is an increase of 11,600t x $13 = $150,800,000
I got the iron ore price from one of ROY announcements detail high grade iron ore 68%+ at $140 t
P2O5 was low ball at $100t. Alot depends on the grade% Some posters has stated $10 kg but I went with 10 cents/kg
Al2O3 at $250 was googled as was TiO2
Ta2O5 and NbO5 came straight from http://www.alibaba.com/
One price I am sure I have got wrong is Y2O3. I priced it in at $10 kg but if you look at this link it is over $100 a Kg
I stated a revenue of 2,161,970,000 a year but in hindsight it could very well be higher. The two big ticket items are the rare earths and Niobium. With the basket price at $131 kg , it would just require a price for niobium of $50 kg to get us over the 2 billion mark.
I was hopeing that someone would dispute my prices from my original post just so we could come to a more accurate revenue amount for a 1,000,000 t a year operation.
It would be most interesting Taurisk to see what you come up with
Tonio
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