LIN 6.98% 10.0¢ lindian resources limited

Mountain Pass is a carbonatite deposit with REO grades up to...

  1. 94 Posts.
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    Mountain Pass is a carbonatite deposit with REO grades up to 10%. I think people keep forgetting the rock crushing part in the process which is the expensive bit. Also Lindian may need to process 2 times the ore than MP if grades are half to get the same 1 tonne of TREOs.
    The production costs per MT of REO for FY2022 was USD 1,493

    https://hotcopper.com.au/data/attachments/6026/6026513-31ee7c0285caa1a3f4bd65e44b8df266.jpg
    https://hotcopper.com.au/data/attachments/6026/6026530-5cfc73f7260640de3bffdd1f399d9c8a.jpg

 
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