IXR 10.0% 0.9¢ ionic rare earths limited

General Chat / Discussion, page-9605

  1. 546 Posts.
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    Looking at MEI recently released Scoping Study I reckon our Recycling Plant would be the only RE project out there making any decent money,
    We only need to process 3t spent magnets to produce 1t Oxide not MREC but the valued Oxide.

    The miners have to process hundreds of ton dirt to first produce 1t MREC, and only China really does the Refineing into Oxide. All transport cost from Brazil or Africa,
    Lets hope we dont run out of swarf spent magnets soon.
 
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