So 750t per annum of Neodymium/Praseodymium (NdPr). Current price $603,500 CNY or $126,000 AUD if I'm reading spot price correct.
Revenue of $94.5M AUD per year with balance of feed still to sell of 25%. Just wish we knew the details of the profit share or an NPV of the project. Makes it hard to value the project when you don't know what slice of the pie you get once cooked.
Great announcement and revenue not far away for those willing to wait!
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