HNR MC too high (might as well get NMT), 80MC vs 500MC?, page-4

  1. 13,679 Posts.
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    Not just mining Lithium here ...

    the Neometals/Promobius process gets 85% of the primary components out of each battery - and the left overs are sellable fertiliser.

    So comparisons need to be made with a miner who is going to produce the following:
    https://hotcopper.com.au/data/attachments/3605/3605835-fa4bd25451943d8b305cd2f65a27540e.jpg

    The profit level on that process will depend on the metals prices at the time, but it is WAY HIGHER than the operating cost.

    With the license for the Nordic region, its no wonder Neometals just upped their holding in HNR to 32.76%

    ...
 
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