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05/03/08
08:14
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The problem is to produce 17,000 Li2CO3, you can only have 70,000t of KCL., not much in terms of revenue.
The good news is ADY can easily configure it into a potash producer, like FMC, to produce 500,000t of potash.
The revenue from 17kt of Li2CO3 is about $100m
And from 500kt of potash, is about $175m
If ADY can produce 500,000t of potash, it could produce 100kt of Li2CO3, but it could easy flood the market to cause the price drop of Li2CO3.
At least ADY has the option to produce more potash.
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