In 2019 when Min put its Wodgina Lithium mine into Care and Maintenance the price of spodumene fell to less than $500 per tonne. A credit to the company and it's management that it was able to stockpile 45,000 tonnes of spod for 3 years until the price recovered. Recently they shipped 22,000 tonnes of that stockpile at $2,200 per dmt. Well done MIN Management.
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- Ann: Q3 FY22 Exploration and Mining Activities Report
Ann: Q3 FY22 Exploration and Mining Activities Report, page-14
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