Brine operations margins almost double that of hard-rock producers
A better way to compare the economic performance of brine and hard-rock assets is to look at margins instead of costs as this also takes into account the price of each lithium product. Looking at the total cash margin on an LCE basis, which is gross revenue minus total cash cost, shows that brine operations on average are expected to achieve a margin of US$5,386/t LCE, which is almost double that of hard-rock producers.
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