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Hello. I doubt they build a blast furnace. A ferroniobium...

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    Hello. I doubt they build a blast furnace. A ferroniobium converter transforms the niobium oxide concentrate into ferroniobium via an aluminothermic reaction on a batch basis. If we use WA1 as an example: if they can produce 15,000 tonnes of ferroniobium at US$20kg at $15/kg margin at 70 cent exchange rate that is AUS$200M net profit after tax per year. PE ratio x 15 = $3 billion company.

    https://hotcopper.com.au/data/attachments/6267/6267791-7c139387456ddf557b77151343dcb317.jpg



    https://hotcopper.com.au/data/attachments/6267/6267783-a2b63b654467d78f3460cb2b17075989.jpg

 
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