In my understanding, 94% TGC in the announcement refers purity, not resource grade.
IMX has not disclosed the graphite recovery rate. Do you happen to know the number? 85-90%?
25% of the product is amorphous, which will be thrown out to tailings. Then the recovery rate comes down to 60-65%.
The recovery rate for MNS is 97%.
There is no point of comparison to begin with. They are in different leagues.
Ann: Testwork delivers 67.6% large and jumbo flake graphite, page-70
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