their costs for phase 1 is 1.1-1.5B according to Financial Times. There is phase 2 as well. Looks like the costs are pretty high. According to todays lithium prices 1 ton is US 37000. This means the 50,000 odd tons of outputs against both phases will return about 1.9 billion across both phases. Looks like a mega loss making enterprise. Did I miss something here?
Ann: Two Phase Development to Targeted Production of 50Ktpa, page-135
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