Most Advanced lithiums developers - Pro case, page-20

Link to EMP says total capex 571, ASN then in keeping with that at near 500, but as you say, could identify less , we wait to see their DFS.

ASN / EMP talking a different price regime to spodumene concentrates of hard rocks (WR1, A11, LRS, WC8).

From link above
EMP, (LCE) PEA => opex $3300/t, => 12175 tpa , assumed LCE $20,000/t. 2.1-2.4yr payback
IRR 45-55% (after tax / pre tax)

Fastmarkets presentation 2 July 2024
ASN, (LCE) phase 1 DFS => opex $4368/t => 13074 tpa. assumed LCE $19800/t =>EBITDA $US153m pa. 2 yr payback.
IRR 47%