Thanks for the well considered response @maplelegion. I am aware that the KMP is successfully producing NdPr and lining up sales. My only concern is why are they not using the LK process to do so given it needs less power and therefore (I assume) cheaper to run and more profitable. The very first products from the pilot plant in the ALK days was Nd and Pr I recall so we know the LK process works at that scale. Are they having issues scaling up or perhaps they have abandoned the idea of using the LK process for the lanthanides? It probably only a question ASM can answer so I will direct it to them and see what response I get.
I share your overall optimism for the future but at present the process IP that underpins ASM uniqueness as a metals producer is only being used on titanium, for which we are yet to see any real details regards off-takes/revenue. I want to see the LK process IP being leveraged across the full range of metals to which it is applicable and diversify the ASM offering.
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1 | 1388 | 72.0¢ |
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No. | Vol. | Price($) |
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3 | 12763 | 0.710 |
1 | 35715 | 0.690 |
4 | 26004 | 0.680 |
1 | 7407 | 0.675 |
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0.720 | 12801 | 1 |
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