Top member reports
No meetings
Consensus community valuation
The consensus valuation is for members only and has been removed from this chart. Click for membership options.
Contributing Members
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#ASX Announcement 22/3/21
stale
Added 3 years ago

Production of heavy Rare Earth Carbonate from Browns Range exceeds 210,000kg

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02355935-6A1025529?access_token=83ff96335c2d45a094df02a206a39ff4

Highlights

  •  A shipment of 40,406kg of heavy Rare Earth Carbonate (REC) containing 1,835kg of dysprosium and 233kg of terbium is ready for delivery to thyssenkrupp;
  •  This brings the total REC produced at the Company’s 100% owned Browns Range Project to 211,109kg;
  •  The total REC produced contained 103,731kg of Rare Earth Oxides, which includes 9,751kg of dysprosium and 1,245kg of terbium;
  •  Both dysprosium and terbium are critical elements in the permanent magnet motors used in E-mobility powertrain applications;
  •  By 2030, the global light vehicle EV market is expected to be dominated by permanent magnet motor powertrains with more than 75% share of the market forecast; and
  •  Additional supply from the rare-earths industry is required for the rapidly increasing demand for dysprosium and terbium.

DISC: Small holding

Read More