IXR ionic rare earths limited

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    Cost of Producing 1kg of High Purity Separated Rare Earth Oxides



    https://hotcopper.com.au/data/attachments/6622/6622843-349aa7da2e077a786eaddf09f8d3e328.jpg

    https://hotcopper.com.au/data/attachments/6622/6622774-b089255eac8edab7ac5848f701f11bf0.jpg



    Total Rare Earths 32% of 1kg Magnet = 320 grams of REOs
    3 magnets needed to produce 1 Kg of REOs, cost of those 3 magnets $14.99, $4.99/ Magnet
    Opex $27.68/Kg of REOs.

    Remember to produce 1kg of Separated REOs 3 magnets are needed (total cost $14.99 for the 3 magnets)
    1kg of Separated REO's Opex to refine those 3 magnets to produce 1kg of REOs $27.68


    https://hotcopper.com.au/data/attachments/6622/6622790-cd435a30f36a966edf553946dbf4cc71.jpg


    400,000kg of REOs Target Products breakdown


    https://hotcopper.com.au/data/attachments/6622/6622796-0d5b0603f1085e96ac4afbf976cf73ab.jpg

    For 1 kg of REOs at today's REO prices

    NdPr = 0.875kg x $50USD/kg = $43.75
    Dy = 0.0925kg x $200USD/kg = $18.50
    Tb = 0.0325kg x $700USD/kg = $22.75

    Total = $85.00
    Total Opex = $42.67

    Margin = $42.33 USD for every 1kg of REOs produced

    400t = 400,000kg

    400,000kg x $42.33 = $16.9M USD


    Rare Earth Prices back in Feb 2022 at its peak



    https://hotcopper.com.au/data/attachments/6622/6622850-7aa530b571e21facbbe1375095d4b7d8.jpg

    https://hotcopper.com.au/data/attachments/6622/6622864-dc5a16c18495a7b320353ef17e7cd4f1.jpg
    https://hotcopper.com.au/data/attachments/6622/6622865-6557eca3b100ae2f66eac21576b5e388.jpg
    https://hotcopper.com.au/data/attachments/6622/6622869-c235cc7dc68c3312931ac8f1c487804c.jpg

    For 1 kg of REOs in FEB 2022 REO prices

    NdPr = 0.875kg x $145USD/kg = $126.88
    Dy = 0.0925kg x $430USD/kg = $39.78
    Tb = 0.0325kg x $2003USD/kg = $65.10

    Total = $231.76
    Total Opex = $42.67

    Margin = $189.09

    400,000kg x $189.09 = $75.6M

    At today's REOs Prices, IXR can still make a profit

    That's how I see it!
 
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