A40 0.00% 8.2¢ alita resources limited

A40/TAW Merger Meeting Summary, page-11

  1. 232 Posts.
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    From past announcement:

    "Jiangxi Baojiang Lithium Ltd., a joint venture between Jiangte and trading firm Burwill Commodity Ltd., is currently building a factory to produce 10,000 tons of lithium carbonate and 5,000 tons of lithium hydroxide a year, and the plant which will rely on supplies from Bald Hill."


    i have read a few posts stating 7-8 tonnes of 6% spodumene to produce lithium carbonate and hydroxide.


    Therefore, let's assume 15kt x 7.5 = 112kt @ 6%.


    Given our annual ouput is already meant to exceed this amount (without fines), it seems logical we need another offtake customer.

 
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