Ann: MOU for Development of Lithium Hydroxide Plant, page-14

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Dr Daz

2,041 Posts.

13/11/15

15:18

Post #: 16391035
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Originally posted by Pary ↑

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.

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An alternative view is that:

1 - the Li price they are receiving is very low

2 - the LiOH focus is being made, as a potential replacement to the LiCO3 process which clearly is not working very well. More than 12months after commissioning they are still talking about 20% of design capacity.

Just sayin.

ORE Price at posting: $1.68 Sentiment: None Disclosure: Not Held
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Ann: MOU for Development of Lithium Hydroxide Plant, page-14

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