I think there is an error in the report as well.It is not US$25/T, it is 25% recycle margin. I daresay its what Ionic tech have preliminary worked as their production target.
If i have this wrong, please correct me.
They have us a TREO figure in the MST access report.
Weighting it to the heavies will dramatically raise our revenues.
It is very difficult to forecast, as we do not know the quantities of each oxide we will produce.
LCM and their magnet maker affiliates, as well as Ford, will probably dictate what we will
produce and in what quantities.
Hopefully the PFS will have more guidance in this regard.
For example, These are ex China/ SMM prices.and Tradium/Strategic metal invest prices.
I have added the Tradium prices in brackets, they seem to be higher.
Holmium 67/kg 25% margin 16.75/kg
Dysprosium 228/kg (371) 25% margin 57 (93)/kg
Terbium 675/kg (1358) 25% margin 169 (340)/kg
Neodymium 50kg (91) 25% margin 12.5 (23)/ kg
Praseodymium 50/kg (94) 25% margin 12.5 (24)/kg
So, tune the ligands and pump out the heavies, which Tim told me can be done., as required by the supply chain.
Who knows who will come knocking on our door?
And for which particular oxide, particularly the defence contractors, of which BAe is a pretty big local,
with many more in France, Germany and Italy.....including Airbus, Thales, 4C innovation, RTX, Cobham, Leonardo,
Dassault, Safran etc........oh and Lockheed Martin and Raytheon...who have been recently banned by the Chinese.
(20min delay)