Hi L Plated,
From what I can tell, that number is current as of 04/04/23 and includes the currently known Finniss mineral resources (12/07/22 + BP33 upgrade).
It includes Grants, BP33 (update), Carlton, Hang Gong, Sandras, Lees, Ah Hoy and booths which have a total Li20 metal content of 332.1kt.
332,100 x 2.473 (the LCE conversion factor) = 821,283.3 t LCE or 0.82Mt LCE
But don't forget this $1677 figure is AUD/t of LCE which is currently going for about $47,250 AUD/t and we still have a lot of exploration to do. Also some of the left blue bubbles are a bit misleading - for instance the left most AKE bubble, includes the ol, ca, sdv projects (one which AKE lists as pre-development, one development and one expansion). PLL is also a blue dot but they are yet to have any production themselves (ignoring their 25% stake in SYA's NAL). SYA has just brought online NAL which the graph places at 2.76Mt LCE (yet that figure includes PLL's 25% stake).
Additionally, not all projects are created equal, CXO is a much lower cost project than a lot of other hard rock mines (according to DFS 23% cheaper than LTR). It's also difficult to compare brine to hard rock in such a simplistic graph, especially those relying on untested at scale DLE technologies (that according to this graph look like a steal).
In summary - this graph means bugger all, is highly misleading and only exists to push naïve investors onto "apparently cheap" projects.
As always, DYOR.
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