General Discussion Topics, page-97579

On the subject of downstream conversion PLL recently put out their DFS on a 30,000tpa hydroxide plant which indicates an AISC of $2952/t plus $10721 spodumene cost per ton of Lithium hydroxide ( using spodumene price of $1600t) with all up cost of $13673/t and over $800m development cost.

Our carbonate plant is going to cost approx $300m and produce 23,000tpa likely more.
The main points of interest is our AISC cost is likely lower than $2952, Carbonate plants are simpler , although thats yet to be established but as the JV own the concentrator and have no transport costs, just send it next door, then the concentrate could be supplied at cost. At cost we're looking at around $5000t for concentrate from our own plant as opposed to $10721t of concentrate supplied and transported by third parties, they pay market rates we supply ourselves at cost.
If we used PLL's $2952/t AISC production costs ( likely lower) and added our $5000/t concentrate cost per ton of Carbonate we end up with all up costs of $7952/t of Carbonate leaving a very substantial margin over current Carbonate prices.

This is not a direct comparison as Carbonate prices are lower than Hydroxide prices currently ,who knows if that will be case going forward, its more a demonstration of the difference of having your own concentrator using your own mine in the same building as your convertor instead of transporting in third party concentrate from wherever at market rates....

Cheers Whisky