Who would be the likely candidates who could perform Estimate Classification: Class 4 AACE estimate with accuracy range of 20% to 30% on Rare Earth Projects in the US?
A Class 4 AACE estimate (with an accuracy range of 20% to 30%) for a rare earth project in the US requires a firm with deep expertise in rare earth process engineering, cost estimation, and feasibility studies. The following engineering and consulting firms are the most notable and active in this space, based on project history, public disclosures, and recent US rare earth project involvement.
IMHO WSP Global emerges as the most likely candidate for the third-party engineering group that prepared the Class 4 AACE estimate for Ionic Rare Earths' IXR Tennessee refinery scoping study in 2023. While the specific engineering firm is not explicitly named in the supplied PDFs, substantial evidence points to WSP's involvement based on their established technical partnership with Ionic Technologies and demonstrated expertise in rare earth processing facilities.
The strongest evidence pointing to WSP comes from their documented involvement with Ionic Technologies' Belfast facility. WSP completed a feasibility study for Ionic Technologies' Belfast magnet recycling facility, with the study explicitly stating: "The Feasibility Study was conducted in collaboration with Ionic Technologies' technical partner, WSP
WSP demonstrated their expertise in rare earth processing cost estimation by developing a Class 3 AACE estimate for the Belfast facility with an accuracy range of 15%/20%. This technical capability in AACE cost classification systems directly aligns with the requirements for the Tennessee study's Class 4 AACE estimate
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