Hi rights
From the announcement 21 March 2023 (page 11)
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https://announcements.asx.com.au/asxpdf/20230321/pdf/45mwb9stdf1b5n.pdf
Page 8 of the announcement of 18 October 2023 .... Fe content down to <0.5% at the intermediate stage 3.
![]()
https://announcements.asx.com.au/asxpdf/20231018/pdf/05w61lpj0v1csg.pdf
The advantage IPT is suggesting are the cost savings in the early stages of HPA production compared to existing methods. I do not remember where I saw it but the estimation of the cost of production of 4N HPA for IPT will be ~$US6000/t = very healthy margins (on a mid point sale price of $US20,000 that is $US140M profit per 10k tonnes ... waiting for the scoping study to provide the official numbers)
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- Ann: Lake Hope HPA Project WA PFS and Metallurgical Test Work Up
Ann: Lake Hope HPA Project WA PFS and Metallurgical Test Work Up, page-41
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