Hardly promoting ILU @RUSTYHEELA. Just providing some perspective. IMHO ILU have emerging issues in their traditional markets, which they're looking to mitigate first and foremost via developing their Wimmera project. But that project has technical problems of its own .... hence ILU's impact on the rare earths market will likely be confined to monazite concentrate sales to China from Eneabba for some time to come that, according to ILU's numbers in the above graphic, contains about 1700-1800 tpa NdPr oxide if one assumes the concentrate contains 90% monazite @ 60% TREO with 20% NdPr (16300 x 0.9 x 0.6 x 0.2) not counting process losses. In other words, unless ILU is successful in purchasing 3rd party monazite feedstocks that have specific enrichment in heavy rare earths Tb and Dy, they're very unlikely to build a several hundred million $ plant to process Eneabba feedstock alone.
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