Good evening Joseph,
for god's sake not such a deal!
8000 US$ per ton makes Glencore rich.
The deal is as follows:
400m for 50,000 tpa = US$8,000/t for the period 2024 – 2028. For the sake of simplicity I split 50,000 evenly over the 5 years.
By the way, Eramine's nameplate capacity is 24,000 tpa.
Eramet says it won $400M lithium marketing deal with …(won = lost 22.000 US $ per ton)
I would really like to see contract details. Eramine will probably have to pay all OPEX costs, marketing costs, transport, etc. himself and if your DLE technique fails, are you then also liable with the Centenario-Ratones mining license?
Incidentally, Eramine/Eramet recently received a restricted export license for its project.
Have a nice evening
Smith71
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