LYC 1.30% $6.25 lynas rare earths limited

100 containers will mean. . ., page-16

  1. 234 Posts.
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    Most mineral container shipments are 20T nominal.

    Now, for everyone getting a bit excited about how much money there is in the container. One of the key considerations will be the moisture content of the con. This can be very high depending on numerous factors,for instance the particle size of the con etc. The con is produced in a plate filter which is not a super efficient dewatering device so it may be that moisture is up around 20%, could be more, could be less. Obviously it is undesirable to have too high a moisture content, but too low is also a bit of an issue.

    Then you have your 37% grade as others have pointed out.

    So at 20% moisture and 37% grade this shipment has 592T of REO contained.

    So, if the LAMP is designed to produce 11kTPA of REO from a 40% CON and if I assume the moisture content of 20% then we need to feed 33000TPA of con. If 10% moisture then 30250TPA con, if 30% moisture then 35750TPA con. None of this accounts for recovery in the LAMP either, which clearly will not be 100% and I haven't seen what the predictions are.

    So the 2000T of con will be anywhere between 2.9 and 3.4 weeks of feed at the above rates. So we'll need to feed roughly 700T of con per week into LAMP to achieve Stage 1 nameplate capacity. Hardly a challenging shipping schedule.
 
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