I get you now - I think that may be revealed in due course if there is serious interest in the MSP product vs Ni/Co Sulfate. It could also end up being an option for a 2nd train down the line if another partner is interested in MSP.
Yes MSP is not really a 'visible' market compared to the nickel sulfate etc which have a market price and can be tracked relatively easily. It is an intermediate product where ARL would get paid say for example sale 95%Ni and 95%Co and perhaps a refining cost - that said if you potentially have 2-3 refineries that have spare capacity and hungry for more feed it could end up being quite a competitive deal.
If refineries are running at less than capacity basically as long as they cover the marginal OPEX of putting the additional ARL tonnes through + a profit margin (perhaps from the sulfate premium on the Ni/Co) then it would make sense. It's just a question of whether the lower revenue is offset by the CAPEX/OPEX savings.
With selling a MSP instead of the end products you do not have to spend on building the POX, SX and Crystallization circuits (step 3 & 4 in the ARL flowsheet). I'd also expect the autoclave/HPAL step is the most expensive Capex/Opex wise however would think that this would end up being 20-30% saving at least on CAPEX. We don't have a detailed split of these costs from ARL so until then its just guesswork.
- Forums
- ASX - By Stock
- ARL
- Pertinent market/industry news/articles
Pertinent market/industry news/articles, page-951
-
- There are more pages in this discussion • 4,777 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
-0.035(7.29%) |
Mkt cap ! $88.85M |
Open | High | Low | Value | Volume |
47.0¢ | 47.0¢ | 44.5¢ | $23.38K | 50.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19492 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 29528 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19492 | 0.435 |
1 | 1395 | 0.430 |
2 | 11190 | 0.420 |
1 | 10000 | 0.410 |
2 | 21000 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 29528 | 1 |
0.470 | 660 | 1 |
0.480 | 6811 | 1 |
0.485 | 20000 | 1 |
0.490 | 10000 | 1 |
Last trade - 11.40am 18/10/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |