NTU 4.76% 2.0¢ northern minerals limited

Question about HRE content

  1. fss
    689 Posts.
    Was looking at the latest NTU presentation from the Argus conference and had some doubts hoping someone can clarify.

    On slide 5 it lists the Browns Range Rare Earth distribution for NTU where it says that Dy content is 8.8%, Tb is 1.32%, Lu is 0.6% and NdPr combined are about 4%.

    Then on slide 38, it says the Revenue Mix for Browns Range will be 56% Dy, 22% Tb, 14% Lu and 8% NdPr.

    My question is - how do the revenue mix depend 56% on Dy when Dy content in the overall distribution is only 8.8%? Same goes for Lu, Tb and NdPr?

    What happens to the 56% of Yttirum or Gadolinium or Erbium that are present in greater quantities?

    Thanks
 
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