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Re: instructmba post# 1259

Friday, 06/07/2019 6:10:28 PM

Friday, June 07, 2019 6:10:28 PM

Post# of 1931
All good points. Costs were initially quite high during startup, but they have decreased steadily and will decrease further as recoveries and production increases due to economies of scale. They should get to below $300/ton when the plant is fully optimized and stage 2 is operational. However, even though it is tempting, I prefer that they don’t start stage 2 until lithium demand/prices increase.
Good weekend to all.