Indo is producing MHP at 4.5 billion dollar Capex cost for dirty HPAL
QPM is producing Sulphate at 2 billion Capex for clean DNI
Although underlying costs are significantly less for MHP, the costs of dissolution and conversion are much higher due to the higher impurities and waste that the process produces. According to market sources, dissolution costs for MHP to sulfate can range between $1,000 and $2,500 per tonne.
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Indo is producing MHP at 4.5 billion dollar Capex cost for dirty...
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