Another example of how well Sayona did to get NAL up and running on budget in such a short time with such a low capex.
With this higher inflation world it really does set us apart and many competitors will pay much more and possibly be delayed from reaching production, thus enhancing our position even further imo (and that of other existing producers too). Obviously if other projects continue to fall behind or need to outlay more capital to reach production due to increased costs etc then what will that do to lithium prices if expected supply is reduced or delayed...?Rio Tinto warns on lithium project costs
Tom Richardson
Rio Tinto told investors to expect increased development costs for its Rincon lithium project in Argentina due to local inflation and the escalating cost of equipment.
The miner said its initial $US140 million estimate and timetable is “under review”.
Rio Tinto is among a number of ASX miners with lithium projects in Argentina.
General Discussion Topics, page-96444
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.4¢ | $8.754M | 249.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4706070 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |