Morning all.
@Buffett BreakfastHey mate, I have to be a little careful here as I have contacts in this industry.
I think
@WiffaSniffa is on the ball with what he is saying and encourage all to do their own research as usual.
There is test work going on with treatment for 4N but as far as I know, getting to 5N is where it could be irrational economics.
The cost to get to 5N defeats the outcome as I understand. The price for the product may be higher but the market share is smaller and the processing may be too costly.
Most producers will concentrate on 4N and the economics to process that.
I believe there are some entities working on purifying but as far as I know, the most advanced is Lava Blue and they have an agreement with QPM as the ann has clarified.
That is the space I will be watching, to see how the demand and flow on develops.
I had a brief chance to be involved in that but didn't take up the opportunity.
It could be a very large outcome with the technology being applied.
There is enormous amounts of raw materials available with many waste piles around the country.
Apparently the government has liability in the space and will no doubt grab any opportunity to do deals where purification and hence environmental clean ups could be achieved if there were economic plants built to deal with those tailings or waste piles.
I am not saying that there won't be businesses that aren't economic but I do expect to see the space to change and believe it will be based on the development of purifying the already available stock piles around the country that are costing tax payers money to have managed by our government. Decreasing or reducing that government cost burden will be a very nice welcome and could shake up the current market if there was a business that could deal with these stock piles.
For those with an already clean product and an economic production plan with off take in place, they will tie up some market share.
Looks like Corella is moving in the right direction with all these dot points below.
Not sure who their dealing with for HPA test work but I imagine there will be more of these treatment plants built.
I assume that the feed stock market has plenty of demand but wonder how that will change as more enter the market and want market share to the easier processes. It will no doubt be a case of those that are early to tie up the targeted market at the forefront of changing technology.
Other value adding like the Concrete market will be aspects to watch.
I am certain there could be large demand as there is more end use for the products.
I hope that helps and be mindful that my absence in this market is because I have been concentrating on other aspects like Precious metals.
Kind regards, Wack.
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