As far as I can tell the offending waste is the LWP residue that contains 1650 mg/Kg uranium and 22 mg/Kg thorium. The uranium content is not insignificant and therefore this 'waste' could be viewed as a valuable.
Lynas has about 450,000 tonnes ofthis LWP residue that is essentially contaminated gypsum. It generates about 32,000 tonnes of this crap per year.
If that gypsum has a U concentration of 1655 mg/Kg and a Th concentration of 22 mg/Kg, thenthis represents about 876,000 Kg of U3O8 (105 m3). At current spot prices that amount of U3O8 would fetch about $56million dollars.
Although I have no specific knowledge of the LAMP flowsheet, it seems to me that it wouldn't be so difficult or costly to introduce a secondary circuit to dissolvethat WLP gypsum residue, strip out all the U and Th out using an appropriateion exchange material (plenty of options here) and then elute the resin to recover the uranium. Alternatively, why not take U and Th out upstream.
Clean stripping of U and Th would produce a decontaminated gypsum that nobody could object to even in Malaysia and Lynas might even be able to recover costs.
- Forums
- ASX - By Stock
- LYC
- what to do with residue...think tank...outside the box.
what to do with residue...think tank...outside the box., page-8
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B |
Open | High | Low | Value | Volume |
$8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7192 | $8.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.10 | 4833 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 620 | 8.050 |
1 | 500 | 8.040 |
4 | 4222 | 8.030 |
1 | 100 | 8.020 |
2 | 742 | 8.010 |
Price($) | Vol. | No. |
---|---|---|
8.110 | 8945 | 1 |
8.120 | 22984 | 2 |
8.140 | 1000 | 1 |
8.150 | 3078 | 2 |
8.170 | 12051 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online