Our PFS goes to a state that we call a carbonate, which has pretty pure rare earth elements in it, mainly neodymium and praseodymium, which go into the permanent magnets for the EV industry, wind turbines, robotics, etc. The next stage down from what we had in our PFS is to have a fully separated neodymium and praseodymium oxide. That would be sold directly to metal-makers, who then sell on to magnet-makers. The magnets then go into those EVs and wind turbines.
