@Geeenius
NdFeB scrap price is $65kg USD. I hope I am using the right price. From this source https://www.metal.com/price/Rare-Earth/NdFeB-Scrap
So 100T = 6.5M USD.
Of course the price we get could be well above $65, due to the quality of the alloy.
Wording indicates that 100T is just the "specified" part of the contract and they will be buying more but under different specs (and pricing) not locked in yet.
Its still only 100T out of 600T we need to be at breakeven (which was hoped for June23 but wont happen now), but its still great news and a decent step forward.
Ann: ASM signs agreement for sale of NdFeB alloy, page-11
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53.0¢ |
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Mkt cap ! $96.11M | |||
| Open | High | Low | Value | Volume |
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