PEK 2.63% 18.5¢ peak rare earths limited

beneficiation success enhances prjct economics, page-33

  1. 2,599 Posts.
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    I refer to the announcement:

    "The acid leach plant and leach recovery circuit contribute 53% to total operating costs, with sulphuric acid being the major reagent cost.

    The 43% reduction in feed mass to acid leach recovery due to the improved beneficiation is expected to reduce sulphuric acid use by a similar proportion.

    Likewise, the sulphuric acid and acid leach recovery plants. which constitute 27% of total capital costs, are expected to be significantly reduced in size"

    Whichever way holders, non-holders and punters would like to spin it ...this ann. is GOOD news and relates to both a savings in OpEx and a savings in CapEx.

    Cheers,


    SJB

    MHO





 
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