NdPr demand is going nowhere but up, the major tempering factor will be magnet recycling, incl swarf (manufacturing waste), Ce substitution will only broaden NdPr demand by improving cost effectiveness low/middle grades NdFeB, just as continued Dy/Tb deletion does increasingly high end.
NdPr recycling will grow as PMM are further designed to facilitate EOL reuse.
Why on earth would Lynas ever want NTU's 6 skinny patches of ultra low grade, unproven dirt with an extremely short mine life, when it has Duncan???
Compare the in situ grades:
NTU > Tb 0.008% & Dy 0.053%
Duncan > Tb 0.013% & Dy 0.061% PLUS 1.1% NdPr as primary economic, HRE is a by-product, readily accessible in the xenotime ore.
NTU just 57K TREO vs Duncan 435K TREO.
NTU is a total waste of resources & gross misallocation of capital IMO, soon to become patently evident.
Is it time for Care and Maintenance?, page-4
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Last
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Change
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Mkt cap ! $206.8M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $309.8K | 8.889M |
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| No. | Vol. | Price($) |
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| 1 | 300000 | 3.2¢ |
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| Price($) | Vol. | No. |
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| 3.6¢ | 1030000 | 3 |
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| Last trade - 15.45pm 30/04/2024 (20 minute delay) ? |
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Last
3.5¢ |
Change
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| 3.5¢ | 3.5¢ | 3.3¢ | 933969 | ||
| Last updated 15.45pm 30/04/2024 ? | |||||
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