Hey mate, I just got around to watching this, and it’s very interesting to hear how he mentioned twice that ARU was speaking with Minhub for some time… so suggesting the need, not want for surplus (concentrate) supply above what they can provide through ARU’s own processing.
@marcdorc this also answers your question. They do not need to announce this further, as they have always discussed the ability to take further concentrate from third parties. There is no change to existing model. Ie in our current project to be constructed, we must have the ability to process more concentrate. It’s the raw material to concentrate that is at capacity, and costly to convert given the Capex.
It makes sense to capitalise on an opportunity to process more concentrate into Rare Earth Oxide (obviously where the money is).
If this all gets off the ground, ARU is looking to be a critical/major player in the world… stepping up to the plate with the likes of LYC!
- Forums
- ASX - By Stock
- ARU
- Ann: FYI: FYI Enters The Rare Earths Sector
Ann: FYI: FYI Enters The Rare Earths Sector, page-24
-
- There are more pages in this discussion • 34 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 ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $394.2M |
Open | High | Low | Value | Volume |
16.0¢ | 16.3¢ | 16.0¢ | $558.1K | 3.483M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1818172 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1729486 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 1749036 | 0.155 |
70 | 2255409 | 0.150 |
26 | 2031185 | 0.145 |
34 | 1345927 | 0.140 |
12 | 851293 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1719671 | 38 |
0.170 | 1058568 | 20 |
0.175 | 1127021 | 20 |
0.180 | 954448 | 20 |
0.185 | 532677 | 10 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online