MTM mtm critical metals limited

Good luck, each to their own, a profit is a profit.I don’t see...

  1. 4,529 Posts.
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    Good luck, each to their own, a profit is a profit.

    I don’t see “lab testing” as a risk though.


    This is very different to a mining company who lab tests 1-200kg and gets say 80% recovery, then in real life producing 500,000kg they get 70% recovery - we’ve all seen that happen many times.


    MTM are using the same sized combustion chambers in the Demo Plant as they’re using in the present prototype which keeps getting enhanced with both size & efficiency. This is just a simple engineering task to increase the rate of flashing which they’re doing by having multiple chambers. remember too, this is the simpler semi-batch design not the bigger continuous flow model they will work on once the bugs are ironed out.


    They’ve already scaled up 1000x from the Rice Uni Lab, the machine they are building although called a Demo Plant will be a money spinner for high value metals, Gallium, Germanium, Gold, Tin etc.


    For sure they’ll have to scale up from present for red mud, lithium & other lower value feed stocks. Even REEs especially HREEs can be very profitable with the 1 TPD unit, which looks like doing 3 TPD.

 
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