Ann: Appendix 3B, page-63

I hope you do realize that NTU is planning to produce and export only concentrated ore for further processing and not the actual DyO used in motors, let alone the EV motors or the EV vehicles displayed in the NTU glossies. Just wanted to clarify that for you.

And just in case you are still confused here it is in pictures just for you they are using the plant they are going to build to reduce this much ore

into a couple of trucks like this

then ship the product as concentrated dirt and save the buyers who do the final processing of DyO a $hitload of money in the process. A bit like what Lynas is doing at Mt Weld only better and without the massive debt.

I'd suggest that you wait for the plant to be complete so you can see the results in the glossies then maybe you'll get the full picture of what NTU's business plan is .