IXR 0.00% 1.0¢ ionic rare earths limited

One point to reflect on from this Ann that's quite curious,...

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    One point to reflect on from this Ann that's quite curious, they've now got 50t of input material on hand for a plant that's designed to process 30t per year with 10t of output REEs (which basically is the REE content of the magnets). That's more than 1.5 times the annual design-processing capacity. Why would they be sourcing more input material at this point besides testing different type of inputs? The volume being sourced makes me think it's already some preparations underway for the next scale-up step.
    Last edited by bsumisu: 11/06/23
 
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