Ann: MOU for Development of Lithium Hydroxide Plant, page-13

  1. 757 Posts.
    lightbulb Created with Sketch. 102
    It looks like a total misunderstanding of the message in the ann by the market
    The current facility designed capacity is to produce 17,500 tpa of lithium carbonate. As we know the production from brine is technologically complicated and requires complex production line. Nevertheless the production is increasing every month and the target is expected to be achieved early next year.
    Since the company has bigger than it can use the resources it is logical to look up to new technological solution to increase future production. But this time they are looking at producing lithium hydroxide which is also more expensive (@10%) product. This is a new technology allowing for production directly from the brine – a step forward and opportunity for more efficiency in the production line. If all stages of the project are successful, we can expect additional production of 15,000 to 25,000 tpa in 2017.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.