Unfortunately the grade and NdPr content is underwhelming in compared to economically viable hard rock/monazite peers.
LYC is 8% TREO and last quarterly showed breaking even.
BRE is 1% TREO. good luck.
Most of the companies listed process the monazite as by-product essentially a credit, bayan obo included. Hence why it and many other mineral sands projects sell REO as by product process as opposed to standalone REO operation.
those that do have REO as a primary revenue I.e. Lynas have 8% TREO content something this does not.
Will be my last post on these threads will leave yourself and others to peace.
SF2TH
Unfortunately the grade and NdPr content is underwhelming in...
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