LPD has made some bold moves and the consequences have reverberated through the hard rock supply side for the ultimate benefit of lithium supply.
Which country has the largest developed hard rock lithium deposits in the world ?
Which ASX listed company through patented IP can value add to these deposits via environmental friendly / hydrometallurgy process that can save producers $millions in Opex and Capex adding to their bottom line ?
The collaboration Between LPD and CLL is the first, yet it will become the beacon for other explores/developers/owners of hard rock assets (spodumene or lithium mica) as the guiding light towards increasing profit margins via the IP from LPD.
The IP of LPD will become integral to exploit growth in their business modelling from existing deposits.
That's a windfall for both producer and IP holder, yet the trickle down effect to the supply side will increase availability through increased recovery rates from known resources which is only a betterment for the environment, and that's before you take into account the carbon footprint. Tell me what CEO in this New Era (Green Recovery) has objections to increasing profit margins while decreasing their carbon footprint.
You can see why LPD management have emphasised their environmental credentials.
LPD's IP sounds like a BellRinger to me.....!
Caveat:- Royalties from the IP is the cherry on the ice cream Sunday. The appetiser was the pilot-plant and the main course is P1-2...!!!
LT-B1
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