One less item for the detractors to concern themselves with. Really looking forward to the downstream and magnet recycling aspect.
The end to end supply chain potential is what makes it attractive. REO price would need to increase to make makuutu as a stand-alone venture super profitable but coupling downstream and some non China pricing and they are looking good.
certainly one of the most developed options available now and low capex hurdle rate. less and less options to secure REO material in shorterterm unless end users still want to source from China.
SF2TH
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