Two metals plants and offtakes in 2025, no reason why it wouldn't happen. DoD meeting in Jan/Feb from memory.
Then Dubbo ramping up to start 2028Annual Production Rates (Expected)
- Rare Earth Oxides: 1,506 tpa (including NdPr oxide: 1,342 tpa, Tb oxide: 22 tpa, Dy oxide: 142 tpa).
- Zirconia: 16,000 tpa.
- Ferro-niobium: 2,650 tpa.
- Hafnium Oxide: 30 tpa.
Add in any increase in demand, or price, from the bottoming we're experiencing currently, and it will be a behemoth.
Ann: MD & CEO Annual General Meeting 2024 Presentation, page-7
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