First REE Recycler - Geomega - Operating costHi Lid,
I am referring to my last post Re: operating cost.
The operating cost for 1 kg of TREO is provided for at page 7 of the corporate presentation of GMA: $3 kg. The margin seems to be 24%. Very precise number as GMA intends to be the first REE recycler outside of China as early as 2020.
Remember that the operating cost concerns the feed that GMA choses. Not the feed that it has at Montviel on its property with all kinds of REE presents. I believe that the OPEX is low because, inter alia, the average grade of the feed that GMA will receive.
My feeling is that other companies tend to mix all REE in the same basket as if all REE were equals. The truth is that GMA can choose its REE feeds. Right now, the main feed of GMA is apparently magnets. GMA focus on the HHREE (High price High demand REE). GMA is currently focusing on Nd, Pr, Dy and Tb at 30-40 % average grade of the feeds. GMA is not working on low price REE like Cerium. Processing non economical REE cost a lot and reduce the margin.
Was the operating cost of UCU ever disclosed?
Moulouk