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Exceptional low power requirements of process means generator backup will be feasible in 2026 when production starts.

Https://news.metal.com/newscontent/102203514/Listing-prices-of-Northern-Rare-Earth-Fall-greatly/

It's too bad if things go like this - "Another development to expect in three or five years is that rare earths are going to get markedly cheaper as the new – cheaper to mine, more abundant – supply comes online. Plus these new finds are high in just the type of rare earths we want for the fancier end of the magnet market. "

Https://www.horizonmagnets.com/news/may-2023-listing-prices-of-rare-earth-with-a-significant-decrease/

Https://investingnews.com/e-tech-resources-signs-mou-to-advance-feasibility-study-for-rare-earth-metal-separation-facility-in-namibia/ - very good solution

How many times do you have to be told that CIX doesn't use filters and cannot get clogged up?

Clueless idiot You just cannot understand the processes can you?

CIX uses ioninic separation. There is no accumulation of gypsum, that is inherent to the process. The elements are ionicly attached to the resins which are continously flushed , Gypsum is not seperated and goes on its way.

George has kept us up to date with regular interviews and RNSs.

The pilot plant is starting work soon and we will have NdPr samples in August.

Corporate bond market reaches record highs in February

Data from Coalition Greenwich showed that average daily notional volume for corporate bonds reached $45 billion last month, up 22% compared to the same time period last year.

The corporate bond market has remained robust amid market turmoil, with average daily notional volume (ADNV) reaching record highs in February, according to a report by Coalition Greenwich.

Issuance figures were also positive in February, with $170 billion coming to market, including $156 billion of IG bonds, the highest figures ever for investment grade. The figure is an increase from $167 billion in January and $95 billion last February.

https://www.thetradenews.com/corporate-bond-market-reaches-record-highs-in-february/

It's a feasibility study. Is it feasible? Who knows, probably not, but maybe.

Nissan won't have a problem, they have their own gigafactory. Plus the Japanese got the EU to bend as they see Brexit as an EU self inflicted wound.

The 10% tariff on cars is not new, its why Nissan setup in the EU. The UK chose this treatment by insisting we leave the Single Market. We did not have to and voters we told that we would not leave the SM, but the Ultras insisted we did.

It's too late, the UK car industry needed a monumental Investment in Gigafactorys.

The government have fooked the car ndustry, probably on purpose.

https://www.theguardian.com/business/2023/may/17/vauxhall-maker-says-brexit-deal-must-be-renegotiated-or-it-could-shut-uk-plant

Https://www.reuters.com/business/autos-transportation/stellantis-says-uk-needs-change-brexit-deal-bbc-2023-05-16/

At the same time, we have a similar challenge with the Ultra High Power (UHP) product. We recognise there isn’t sufficient capacity at Thurso to be able to produce all three products at the same time. So, we have this production and supply agreement with UKBIC, which is where we’ve started to manufacture the UHP product, at a small-step scale now, but the next step is to start to manufacture around 60,000 cells a year.

It’s a really important facility for the UK because it not only allows us to manufacture a product that we can put in the hands of our customers, to be part of that overall commercialisation process, it also allows us to learn how to manufacture the product on Gigafactory scale. So, while we’re developing Thurso, and using the UKBIC for interim production quantities, we’re also planning for and developing the Gigafactory, which will be approximately a gigawatt-hour of capacity. We are in the process of getting all the quotes finalised for the equipment, scoping out exactly what we need, getting the layout drawings for the facility, looking at process flow and all the assets you need to do to build and develop a Gigafactory. That’s a three-year programme that we’re now working on.

Continued here -

https://www.automotivemanufacturingsolutions.com/evs/powering-up-amte-ramps-up-cell-production-volume/44196.article

AMTE CEO Alan Hollis discusses ramping up cell production, establishing a new Gigafactory and developing a flexible, sustainable manufacturing approach

AMTE has made several announcements recently around expansion of production operations such as the expansion at Thurso, the co-operation with the UK Battery Industrialisation Centre (UKBIC) and the planned Gigafactory now at Dundee. Could you offer some insights into these expansions regarding timelines, scale and scope?

Alan Hollis, CEO at AMTE Power

Alan Hollis: AMTE has had a production facility at Thurso in Scotland for 20+ years. Originally, we made D cells for the Ministry of Defence, and then it moved into R&D, very small batch manufacture. As AMTE’s strategy has grown and developed, we have focused on developing three core products: the Ultra High Power product for the automotive market; the Ultra Safe product, sodium-ion technology for the static energy storage market; and then we’ve got the Prime Cell, which is the non-rechargeable cell.

We’re now at the stage where we need to be ramping up our production and move from being a small-batch technology manufacturer to a relatively high-volume (eight to 10m cells a year) manufacturer and developing our first Gigafactory at our preferred site in Dundee. Therefore, there’s a lot of focus within the organisation about how you do that and what are the steps that you need to go through.

It’s a multi-staged process of which step one is to ramp up production capability at Thurso, to produce small numbers (in the region of thousands of cells per month) of the Ultra Safe, and similar numbers of the Prime Cell in the first instance. And that’s going to involve a mixture of capital investment, but also manufacturing operational excellence skills and techniques being deployed throughout the facility so that we can start to develop the process capability and reproducibility that you need when you’re producing several thousand pieces a week.

From Berenberg

Re-rating begins from now ? Rainbow Rare Earths (Rainbow) will issue 72.5m shares on 15 May following the closing of a USD9.5m fundraise, priced at GBp10.377 per share (a 28.1% premium to the 5 May close). The deal funds the completion and operation of the pilot plant at Rainbow’s Phalaborwa rare earths project in South Africa, which we think will be a major de-risking event for the shares. We expect additional near-term newsflow from the other major catalysts that we think will be key to the investment thesis and drive a continued re-rate in the shares: 1) the release of the definitive feasibility study (DFS) on the Phalaborwa project, probably in early 2024; 2) ongoing upside risk of offtakes/strategic deals with partners; 3) additional deals within the phosphogypsum space; and 4) consolidation of project ownership to 100%. We would buy now, ahead of a major rally post-technical de-risking. ? Pilot plant set to de-risk investment case: The pilot plant is key because its main goal is to prove the commercial operation of the continuous ion exchange (CIX)/continuous ion chromatography (CIC) technology which will produce separated rare earth oxides in a more environmentally friendly way than is possible for peers, who typically use solvent extraction (SX) technology. The plant will be up and running this quarter, and we expect Rainbow to confirm in the short term (Q2/Q3) that it can deliver rare earth oxides to the intended specification. This will be a major de-risking event, and we expect a significant positive reaction from the shares. ? Why we love the project: From a macro standpoint, we think rare earths are an attractive strategic commodity, closely linked to the energy transition and, on our calculations, a medium/long-term deficit market. Phalaborwa is reprocessing phosphogypsum stacks (a circular economy play), which have already been chemically “cracked”; this means that opex is lower than at peers. The USD/kg mineral assemblage is the highest of any development project globally, we calculate, and this, plus low costs, means a high-margin project (long-term EBITDA margins of 75% on a conservative price deck) and a post-tax NPV (100%) of USD628m, with upside. ? Model changes and valuation: We update our model for the equity raise and add in a USD20m raise in H2 2023 to progress studies and early works, before a USD100m equity raise in 2024 to fund the project. Our estimate of total equity raised for the final build is unchanged at USD120m. Our price target increases slightly to GBp33 per share. At 0.27x risked NAV, the stock is too cheap, and has a clear, near-term catalyst to drive a re-rating.

How can people invest in shares without even basic understanding of the concept of a limited liability company?

The alternative is a partnership, BTW, all part owners repay all the debt in its entirety. No cash to do so, then sell your house car and all possessions and keep working until its repayed.

This is what happened with the Lloyd's Names

Yup, sold MKA and Burundi has been mothballed. Hard rock RE extraction will have a very hard time against non-Chinese ionic clays and phosphogypsum.

The CIX/CIC process is used for separation its not specific to mining. Neither is using waterjets to move the gypsum onto a conveyer. The project is not classified as mining, its processing.

And as you made clear else where, you don't have any understanding of what CIX/CIC is.

China, you talk like someone who has not the slightest understanding of what RBW are doing.

CiX/CIX doesn't use filters, that's the point of the process. The resin is flushed with lime and acid as a continuous process. The GYP-CIX variant is specific to removing gypsum and has been used to removed gypsum for decades in mine effluent treatment.

Https://www.mining.com/polymetal-plans-exile-to-kazakhstan-as-russia-ties-cause-a-london-stink/