Be nice to wrap some indicative volume and revenue around this agreement, which I might add is only a framework agreement at this point and not a binding offtake - if I understand it correctly. Extract from August 2023 announcement below - close to 2 years through the 5 year deal.
- Is anyone up to speed with USARE plans and have any guidance on what 60% of their NdFeB alloy may be in terms of volume??
- When will the USARE's own US based feedstock be ready for refining at KMP? - hardly seems sensible to send this feedstock all the way to Korea then back again as al alloy (maybe with tariffs in both directions?) - hence the drivers for a USMP (US Metal Plant/s)
Be nice to wrap some indicative volume and revenue around this...
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