Running discussion on SP, page-58607

Certainly is enormous interest .
Section 4.6 and 4.7 of the report especially.
Project partners want a 100,000 ton lithium hydroxide production.
Explains why the DFS and Technical Approval are delayed.

Expansion of the MSEZ to include battery cell production and downstream processing in DRC puts AVZ Minerals in a position to provide information to Government that it can provide the necessary production .
Will Felix vision succeed ?


Worth reading the report from BNEF.

https://assets.bbhub.io/professiona...ucing-Battery-Precursors-in-the-DRC_FINAL.pdf

4.7. Scaling up precursor manufacturing in the DRC The project partners indicated their interest in developing a 100,000 metric tons capacity precursor plant in the DRC by mid-decade. Global passenger electric vehicle fleet will reach 54 million by 2025 as shown in Figure 35. A 100,000 tons can supply precursor materials for the manufacturing of 1 to 2 million electric vehicles, depending on the battery pack size. To scale-up our capex model for a 100,000 metric tons facility, we applied scaling factors to equipment procurement, development cost and balance of plant. This differs from our model developed for estimating the capex for a 10,000 tons plant. The scaling is not linear due to economy of scale, as plant capacity increases, the project benefits in cost for some parameters. Development cost, particularly land, does not increase linearly with capacity expansion beyond a certain limit. Based on engagements with equipment manufacturers and benchmarking with existing plants, scaling a 10,000 tons plant to 100,000 tons in the DRC would increase the capital required for equipment by 7.5 times. Similarly, development costs and balance of plant expenditure increase by 6.5 and 8 times, respectively. Using BloombergNEF’s top-down approach, we estimate a 100,000 metric tons precursor plant built in the DRC could cost $301 million (Figure 36).

ALL IMO