IXR 5.00% 1.1¢ ionic rare earths limited

General Chat / Discussion, page-8116

  1. 2,940 Posts.
    lightbulb Created with Sketch. 762
    Be very interesting to see outside ANSTO for IXR demo plant results , as early modeling was used against Aclara for Makuutu metrics , also with grades much higher at Aclara.

    Witnessing innovation: Insights from our board of directors during exclusive pilot plant visit in Chile

    To date, we've successfully processed over 63 tons of ionic clays, yielding more than 40 kilos of clean rare earths through a closed-loop system that leaves no footprint of radioactivity or liquid waste.

    To date, we've successfully processed over 63 tons of ionic clays, yielding more than 40 kilos of clean rare earths through a closed-loop system that leaves no footprint of radioactivity or liquid waste.



    IAC is not a walk in the park

    According to Aclara’s resource estimate:

    https://hotcopper.com.au/data/attachments/5898/5898973-96dd290c878fc3c02e9fe62472600b3b.jpg
    Source: ACLARA PROVIDES AN UPDATE ON THE MINERAL RESOURCE ESTIMATE AT THE PENCO MODULE PROJECT, 1 December 2022

    • “TREY” means 14 lanthanides (REE) plus yttrium (Y), 1,992 pm or 0.1992% as rare earth elements;

    • 27,500,000 tons of resource as per above resource estimate multiplied by 0.1992% TREY results in 54,780 t of total REE content;

    • The TREY recovery rate as per above resource estimate is 22.82%., which means estimated 12,500 t of total REE recovery over life of mine. Too little;

    • Above 63,000 kg resource only yielding 40 kgs of ‘clean rare earth’ even suggests a recovery rate of only 6%;

    • At 6% recovery rate the life of mine output of Aclara’s Penco would be 3,300 t of REE, being less than the quarterly output of Lynas.


    China-related IAC miners in Southeast Asia reportedly achieve above ~90% recovery.

    No surprise if Aclara look for greener pastures elsewhere.

 
watchlist Created with Sketch. Add IXR (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(5.00%)
Mkt cap ! $50.72M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $8.07K 805.2K

Buyers (Bids)

No. Vol. Price($)
27 8902292 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 9291027 20
View Market Depth
Last trade - 14.33pm 18/07/2024 (20 minute delay) ?
IXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.