Great work team, and excellent potential for the TECH Project's HPA refinery to produce a large proportion of the higher grade HPA, with the second circuit.
Remember we're looking to produce 4,000tpa.
AFS has estimated sell price of $25K/t for 4N.
5N pricing is hard to quantify:
https://www.marketindex.com.au/news...rally refer to a,is a relatively small market.”
A basic blue sky scenario for this announcement's effect on TECH revenue:
100% of the HPA produced with the second stage in play > 4,000 tonnes.
100% Premium pricing for the higher grade product > $25K/tonne.
That's an extra $100M revenue per year.
A more realistic scenario for this announcement's effect on TECH revenue:
Let's assume a conservative 50% of the HPA output makes it to 5N grade > 2,000 tonnes.
Let's assume the premium for the 5N product is a very conservative $10K/t.
That's an extra $20M revenue.
Pick your numbers to plug in, it still means more revenue for the TECH project, which has now added weight to the FID see-saw green seat.
(20min delay)