Production Cost Report | Energy, Metals and Minerals

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Yttrium Oxide Production Cost Breakup By Solvent Extraction Method

Details: Germany - based plant Q2 2024  | From $ USD

This report provides an extensive cost evaluation of yttrium oxide production by oxidation reaction. The preparation is initiated by obtaining yttrium from xenotime ore. Initially, the xenotime mineral ore is crushed and leached using concentrated sulfuric acid or caustic soda. The process results in the formation of oxide of yttrium in the mixture, which is then filtered and purified to obtain yttrium oxide as the final product.

Top Producers of Yttrium Oxide

  • OKCHEM
  • COTEC GmbH
  • Double Park International Corporation
  • Shenzhen Chuanyan Technology Co. Ltd.
  • Sichuan Lanthanum Rare Materials Limited

Feedstock for Yttrium Oxide

Yttrium oxide is a rare earth element oxide prepared by using xenotime ore as its major feedstock. The procurement of yttrium oxide is governed by different factors. Some of the major factors, including the regional availability of xenotime ore (including Malaysia, Brazil, and Norway, etc.), for yttrium oxide production, along with the variations in its market prices and production cost, altogether influence its procurement. Similarly, other factors such as the demand observed for yttrium oxide around different market sectors (including ceramics, electronic, and metallurgical sectors), transportation, and trading activities also leave a prominent impact on its procurement. Additionally, the factors, including governmental policies and financial condition, significantly determine its procurement in the chemical market.

The project economic analysis provided in the report discusses a Germany-based plant:

  • Manufacturing Process
    • Process Flow
    • Material Flow
    • Material Balance
  • Raw Material and Product's Specifications
    • Raw Material Consumption
    • Product and Co-Product Generation
    • Capital Investment
  • Land and Site Cost
    • Offsites/Civil Works
    • Equipment Cost
    • Auxiliary Equipment Cost
    • Contingency
    • Engineering and Consulting Charges
    • Working Capital
  • Variable Cost
    • Raw Material
    • Utilities
  • Fixed Cost
    • Labor Requirement & Wages
    • Overhead Expenses
    • Maintenance Charges
  • Financing Costs
    • Interest on Working Capital
    • Interest on Loans
  • Depreciation Charges
  • General Sales and Admin Costs
  • Production Cost Summary
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Report Content

Key Process Information

Evaluation of significant technical parameters along with process descriptions such as:

  • Consumption of Raw Material
  • Product Creation
  • Block Flow Diagram
  • Description of the Manufacturing Facility

Utilities Consumption

Evaluation of utilities consumed during the entire process based on:

  • Consumption per unit of product generated
  • Utility cost split and share of each utility in the total cost

Process Flow Diagram

Representation of various operations involved including:

  • Step-wise process
  • Utility consumption in each operation

Capital Cost Analysis

In-depth analysis of costs involved in setting up a new manufacturing unit, including:

  • Cost of Building a Process Unit
  • Cost of Setting Up the Infrastructure
  • Working Capital
  • Commissioning & Start-Up of the Plant

Implementation Schedule

Time frame of the project design, which includes:

  • Plant Start-Up
  • Plant Construction
  • Engineering Fundamentals
  • Raw Material Procurement

Construction Cost Details

Detailed analysis of costs involved in the operation of various functional units in the process unit and infrastructure.

Operating Cost Analysis

Evaluation of costs associated with the production of the final product, namely:

  • Procurement of Raw Materials
  • Consumption of Utilities
  • Fixed Costs
  • Depreciation

Economic Analysis

Analysis of the way in which process economics are impacted by plant capacity.

  • Construction Cost
  • Working Capital
  • Fixed and Variable Operating Costs
  • Corporate Overhead
  • Depreciation

Customized Analyses

Detailed cost estimates of any industrial plant depending on your requirements, including plant capacity and location as per the need.

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