"Construction of the plant required an investment of $3,430 million. This included two 42” pipelines to transport the water to 3,200 m above sea level, four high-pressure pumping stations, a reservoir at the mine and high-voltage electricity infrastructure to operate the system.
In order to ensure the electricity for pumping the water, BHP awarded a long-term contract for the development of the Kelar Power Plant, which was originally designed to use coal but was converted into a combined-cycle natural gas plant in order to have energy from a cleaner source."
While the scarcity and margins for copper may make this feasible, the energy requirements are quite ridiculous.
There are many other lithium reserves that do not impact the environment anywhere near as badly.
Good News & Bad News, page-3478
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Last
$2.43 |
Change
0.015(0.62%) |
Mkt cap ! $7.317B | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.48 | $2.32 | $34.36M | 14.21M |
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| No. | Vol. | Price($) |
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| 35 | 125016 | $2.42 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 202624 | 93 |
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