it’s just nice to better understand the logic and fundamentals as to why they need sales before production (and to some extent explains ramp up difficulties/delays). Maybe I’m a dummy but I was unaware of this “shelf life” factor before.
Although they are selling NdPr metal now, phase 1 ramp up has been stated as the 2 alloy lines. Seems they are selling the metal in small quantities whilst they roll out the 2 alloy lines. Given the alloys are a further refinement process you would imagine they command better prices.
ps: am I asking too much of mgt to explain a bit if this when releasing updates about production, sales, delayed sales etc
Ann: Update to timing of NdPr metal sale and delivery to NS World, page-87
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