ASM australian strategic materials limited

Ann: ASM signs agreement for sale of NdFeB alloy, page-75

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    very rough chemistry but heres my understanding, neodymium oxide is 2 atoms of neodymium at molecular weight 120 each and 3 of oxygen at 16 each. So 100 tonnes of oxide should be processed into 83 tonnes of neodymium metal.
    then we have the ndfeb which is approximately 30% neodymium, so theoreticall7 i belive they can get some 240 tonnes of ndfeb from the feedstock.
    bear in mind they already had existing feed, iron is relatively cheap as its 67% or so by weight.

    If anyone understands this better happy to be corrected.

 
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