Notes from Will Dawes interview23 Sep 2019 16:23
- Feasibility Study going very well, based on updated resource of M&I 21mt - will support a VERY LONG mine life .
- fully funded, Talaxis funding option - MKA to be free carried.
- BFS to be completed next year, progressing well.
- Australia - lot of work on process optimisation - lead up to piloting
- Env impact assessment - underway in Malawi
- government visits to site.
- New investment - will be using Hydrogen to extract magnets from used components , breaks down and demagantising, remake into another magnet. Can introduce new material from Songwe - diversivy the range of magnet useage. 3 year pilot programme. By end will be producing saleable magnets.
- we have a sustainability course of primary material
- huge demand for REE - globally
- Talaxis very supportive of direction and strategy
- Magnito - HoT signed - agreements ASAP - move into investment mode.