Why do you think over 90% is only "ok"?
TNG with their "game changing*" Tivan process 81%
Page 12 http://www.tngltd.com.au/images/tngltd---othabaipoh.pdf
* I quoted that from the independent research report. See link
Largo, whom I consider to be AVL's peer and currently in production, has overall recovery rates of 81%.
Page 12 http://s1.q4cdn.com/674549448/files.../maracas/NI43-101TechRpt(MaracasMen)-Nov8.pdf
The best bit in the announcement, imo:
"This method of vanadium recovery is the most common and well understood process for high-grade vanadium-titanium-iron ores globally and is currently used by all current global producers of vanadium from magnetite sources, including Largo Resources, Bushveld Vametco and Glencore’s Rhovan operations."
A shot across the bow of TNG with their super duper Tivan.
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