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@setfire2thehive I figure you might find this useful for your...

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    @setfire2thehive I figure you might find this useful for your models. Was reading more into the Carina PEA and they have this gem:
    https://hotcopper.com.au/data/attachments/5925/5925797-2d74e998aeef42602bf6f55bb72f532d.jpg

    The fact they state MREC market pricing only accounts for Nd, Pr, Dy and Tb, this also aligns with the below from Gavin Beer (Australian):
    https://hotcopper.com.au/data/attachments/5925/5925814-bafd6b628c9abc5251a1b4ccef036c49.jpg

    If you assume a 90% REO purity MREC, per Argus Hong Kong pricing mechanism you get 0.92 (NdPr, Dy, Tb) x 90% = 82.8% payability on the Magnet REO, same as I use in my models. Both these references suggest all the other REO are worthless for MREC. I don't know where IXR get their 70% payability across all 15 REO from, there is no reference at all to where that pricing mechanism comes from, and doesn't align with the references I have come across. IXR's studies released to market are light on details..

    This may help simplify your models if you only have to track 4 elements!
 
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