I expected the project to be more profitable with the coating of...

I expected the project to be more profitable with the coating of 8000tpa of Silicon metal.
Now I see why not. 99.9% Si grade with a particle size of 0.5 um costs €24.31/Kg
I had no idea it was that expensive.
87.6% of operating costs. We are in the wrong business!
Last year Ferroglobe produced a total of 328,160 tonnes of silicon metal from Spain, France, North America and South Africa. The grade of the silicon required by Altech is one of Ferroglobe’s standard product grading at 99.9% Si grade with a particle size of 0.5 um.
328,160 x 1000 x 24.31 ~ €8b revenue/annum



Project revenue is €328m so our value add is 328000000/ 8000000 = €41/Kg
Love to know how they estimated the revenue.
Will the battery/car manufacturers be willing to pay that? Will they pay more?
A long way to go before we know.