the MgCl2 is merely the feedstock to produce Mg which is currently fetching USD$7400/t.
Up to 230,000tpa once stage 2 is up and running.
That’s AUD$2.3billion extra revenue per year just from the Mg by product.
I agree. Finance feels very close
Ann: Colluli Project Update - Magnesium Chloride, page-19
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