Yes, so more rough maths... at MEI initial nameplate of 5Mtpa, that's about 13,700 tonnes per day (24x7x365). If one tonne of IAC equals say 2 kg of MREC, that's 27,400 kg of MREC to enrich. This is why I'm very curious on scale and costs because it looks like ~28 or more 1tpd units for the initial MREC flash pass alone (ignoring availability). Of course, this also ignores the future nameplate of 10Mtpa. Not as concerned right now on the further separation of the mixed REE chlorides as a lot of mass is removed from the initial pass and this might move to a separate/second circuit instead?
MEI Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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