If you look at industry cost curves for Li Chemicals that include all sources, you pretty much have brine operations of lowest cost, followed by integrated spodumene based converters and then the independent spodumene concentrate miners on the marginal end. GXYs Mt Cattlin benefits from having a well established mine, newer operations PLS and AJM have higher costs but are working to bring those down, & A40 really needs a fines circuit to be competitive. I don't have time to dig out the charts right now but will try to find some for you. AIMHO
GXY Price at posting:
$1.20 Sentiment: Buy Disclosure: Held
