Pr +Nd oxide cost ~48k/ton. That's just Pr+Nd not including all the other REE's
Grade of East Laverton deposit, low ball at 1,000ppm TREO, thickness ~10metres, density say 1.8, percent of Pr+Nd 19.5% Size of deposit 12km2.
So for every 1km2 the tons would be 1000m(length) X 1000m (Width)x 10m (thickness)x 1.8 (density) = 18Mt.
18Mt x 1000ppm (0.1%)TREO x 19.5% Pr+Nd = 35,100 ton contained Pr+Nd per km2.
35,000 x $48,000/ton = USD1,684,800,000. 1.6 billion/km2, contained value of Pr+Nd.
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