Sharing AKE 2Q performance for Mt Cattlin in WA.
- Full Year 2023 recovery 49% and only 2Q recovery was up as mining moved into central zones of the main ore body.
- Overall production cost is US$900 which is similar to CXO A$1200. Could this be the new industry standard given market escalation / CPI
- Sales concentrate 105,291 dmt @ 5.3 % Li2O is similar to CXO CF24 guidance and at $4000 price would give EBIT ~USD$325M.
Ann: Quarterly Report and Production Guidance/Cashflow Report, page-281
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