I'd never examined INR's processing plans and resource until the weekend after the latest news. Seems a simple process - great that the gritstone ore is so amenable to leaching. I can see them meeting their operating cost targets, although capital costs are obviously up in the air as for all plant being built ATM. Capital costs might fall again by 2024 too.
They also may not need to move into LiOH looking at today's market. Must be a saving in avoiding that. They may be able to produce LFP if they expand past the first stage, but even if not LFP might be getting more sought after for powerwall type applications, and that requires Li2CO3.
From a mining perspective their Gritstone ore looks quite distinctive to me.
News: INR U.S. offers $700 million loan to EV battery material project, page-52
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