GREY:ARGEF - Post by User
Post by
juanito1on Dec 24, 2012 9:21am
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Post# 20768764
Cost plus 20% error amount
Cost plus 20% error amount The BFS will have a 20% error amount added...so here goes.
$650 raw material : Based on 22 kilos to produce 10 kilos at mini plant
$350 opex before finishing: Based on using lower iron content ilmenite..better throughput
$300 finishing : |Based on Uranium producers using same process
plus 20% error $260
Total all in.....$1560
A long way from Duponts $2200/ton cost and a dramatic difference from what Tio2 users are paying today which is $4000/ton
I did a rough calculation: If the five largest users of TiO2 got together and owned the Argex technology...they would collectively save $3Billion annually....