VUL megathread, page-7206

Hold both, been a long time coming (the DoE ATVM loan)
On the Capex comparison it puts LAC at $72,500/t Li2CO3 and VUL at $62,500/t LiOH
So not quite apples to apples but close enough

Perhaps our European contingent may not know that LAC's Thacker Pass project is reliant upon sulfuric acid (molten sulfur is brought in) and so a sulfuric acid plant was built. That plant while it uses power to manufacture sulfuric acid also generates power (from steam) and stores it onsite for use in the Carbonate plant and surrounding facilities. Enough power is generated to run the Carbonate Plant. So Net zero can be claimed if you look at it in isolation ... how exactly is VUL looking at its "Zero Carbon" ... do we count the energy used to drill the wells for example?

So just pointing out "power generation" isn't a differentiator per se.

Now will the Eurocrats step up ... The DoE is the sole Debt Funder in Thacker Pass ... FW still has to deal with commercial banking syndicate not just a single Gov't loan. Plus not to overly complicate it, the IRA section 45X Tax credit is worth a great deal to a US company with a domestic project making operating costs (which includes taxes as they are not optional) lower... is there a EU equivalent?

Would be a cracker to break $4 today (now that would be a (pleasant) surprise).