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Re: IAmTopG post# 2783

Wednesday, 05/25/2022 12:50:28 AM

Wednesday, May 25, 2022 12:50:28 AM

Post# of 4144
NanoEE posted this on another board I thought was interesting.

https://pages.marketintelligence.spglobal.com/lithium-sector-outlook-costs-and-margins-confirmation-CD.html

The advantage SYAXF has in the hard rock business is it will be converting spodumene to carbonate or hydroxide.

Pricing of lithium products variable


Although hard-rock producers have lower costs, the price they receive for their end product, usually spodumene concentrate, is significantly lower than that received for lithium carbonate, chloride and hydroxide, which are produced at brine operations. In 2019, lithium concentrates are expected to achieve an average price of US$4,619/t LCE, 57% lower than the price expected for lithium carbonate.


If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG