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Main ForumAlkane's New revenue Numbers for Dubbo REE-Zirconium Project

  • DUBBO PROJECT – NEW REVENUE NUMBERS

    • Potential revenues from the DZP products continue to increase assisted by escalating zircon prices, the Chinese Government classification of zirconium as a strategic metal and an indication of future preferences for value added zirconium products, and further restriction of their rare earth exports
    • These developments have opened opportunities for expansion of zirconium product markets for the DZP, and provide scope to increase the size of the project to 1Mtpa
    • Base case revenues at the rate of 400,000tpa ore processed are now estimated at US$180Mpa with project open pit life of at least 200 years, while the expanded case of 1Mtpa could generate revenues of US$450Mpa
    • The Demonstration Pilot Plant (DPP) continued development of the yttrium heavy rare earth (YHREE) and the light rare earth (LREE) products
    • Discussions for off-take agreements with potential consumers continued

    Previous post about Alkane Resources owners of the world's richest heavy Rare Earths deposit

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