Happy to be corrected but these are my figures.
Have no ideal what the Ti will return in profit as pigment etc costs and price are a mystery to me but based on the basic Ti costs and price
Cost of production for the Ti is US $1380T
Annual Ti production will be 236,000T
Therefore total cost of production per annum for the Ti =$325.5mil
Based on current price according to AGM preso of $3175T
TNG's net profit per annum for the Ti= US$424mil
Cost of production for the V is US$2.50lb, which equates to US$5510 T
Annual V production 17,560T
Therefore total cost of production per annum for the V = approx US$97mil.
Based on Props current price for V of US$64,000
TNG's net profit per annum for the V= US $1.026 billion
If the pig iron price is correct in the AGM preso then it appears to be underwater. Cost of production is US$137T whereas price is US$70T
Net profit for Ti and V AU$1.8billion approx.
Happy to be corrected but these are my figures. Have no ideal...
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