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6,444 Posts.
1190
03/08/18
14:28
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Simplistically,
260 million tonnes @ 1.63% Li2O at 75% recovery to a 6% Li2O concentrate = 26.5 million tonnes of 6% concentrate.
Assume operating cost of US$350/tonne concentrate and sell price of US$700/tonne concentrate.
Life of mine EBITDA = 26.5 Mt x (US$700/t - US$350/t) = US$9.2 billion.
Please someone check my calcs.
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