The ore value is around US30/t at present prices,@ 85% recovery, if you add the 4 main rare earths. If costs, rough estimate, of mining and crushing and leaching come in at $2-5/tonne at each step and all in costs can be kept under AUS$15/T then the margin of AUS$30/T is potentially possible for a 10 million tonne per year mine. With 10 billion tonne of ore.
All relies on the testing to be done. Keeping my eye on this one.
Red Metal Banter, page-4
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