The DFS financials are a big issue because it ties in with the current prices of NdPr which are stubbornly low atm. There’s heaps of strategic positives with ARU such as being a mine outside China and now having the final separation in Australia as well. Hopefully having the whole process on one site (unlike Lynas) will provide some efficiencies too and limit transport costs, although transporting chemicals to site from Darwin is another added cost - not sure how this will play out?
Maybe the DFS will come out with more news of other offtake partners- this will strengthen our position.
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