Hi Lowkey investor ...
I am thinking the chemical around here would know exactly big in the meantime here’s something (right or wrong ) to be be going on with
Lithium carbonate (Li2CO3) contains around 18.8% lithium; therefore one tonne of lithium is equivalent to 5.3 tonnes of lithium carbonate.
Another compound that is often quoted is lithium oxide – Li2O – which contains 46.5% lithium, around 2.5 times that of LCE, with lithium hydroxide (LiOH, 29% Li) also being used. https://www.weare121.com/blog/a-lithium-primer/
Also - a price comparison :
Today battery grade lithium hydroxide prices are in the range of US$8,375/t to US$8,700/t. In Korea and Japan battery grade lithium hydroxide sell from between US$8,800 to US$10,500. (SignumBox Sept 2015). Both Japan and Korea are known to produce high quality lithium batteries. SignumBox forecast the price of lithium hydroxide to steadily increase reaching US$12,000/t by 2031. “ https://www.nemaskalithium.com/en/lithium-supply/lithium-batteries/
That’s intriguing Bigfish ! I would like to find a reference if inecwas ever published in print .
Do you remember if it was in an announcement as well?
Cheers
AJM Price at posting:
10.5¢ Sentiment: None Disclosure: Held
