Ann: Phase 1 HMW DFS Delivers Compelling Economic Results, page-220

@PirataCzornomaz

Typically, when selling Spodumene Concentrate producers are aiming for a concentration of 6% Li2O (Lithium Oxide), which is 2.784% Li. Galan's Lithium Chloride will contain 6% Li which is 12.9% Li2O or 32% in LCE terms. But to put it simply our Lithium Chloride product will contain 12.9% Li2O which is over twice the Lithium concentration (by weight) of 6% Spodumene Concentrate (aka SC6). That is, it is twice as efficient (in terms of Lithium Units) to transport our Chloride compared to run of the mill SC6 (which many companies are struggling to achieve). Given that lithium companies are actually selling and transporting DSO around the world at 1-1.6% concentrations of Li2O I think we should be fine with a 12.9% Li2O product. Don't you think?

This is why it's being called Liquid Spodumene... it's exactly like selling spodumene concentrate to converters, but it's twice as good.