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Ann: Altura Completes October Shipments of Lithium Concentrate, page-158

  1. Egeria
    781 Posts.
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    03/11/19
    22:31
    Post #: 41226321
    I can only speculate that the gb spod isn't/wasn't for sale, 100% is spoken for by the shareholders/offtakers. The Gb operation is fully integrated, making the spod much more valuable to Tianqi/ Albemarle in its derivative form (hydroxide / carbonate) than if they were to sell it raw. The margins are healthier downstream.
    This assumes they have the conversion capacity to accomodate the increased production from gb, which is probably a fair assumption.
    AJM Price at posting: 5.7¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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