The high grade rubidium is excellent! High grades would typically be over 0.3-0.4% and if found in continuous numbers should reduce the cost of extraction significantly. Rubidium sells at over $1m per tonne! Compare that with the price of lithium hydroxide.
The PAM presentation has a very good cost analysis of how much rubidium can reduce the breakeven costs. See page 11 of this presentation:
https://www.asx.com.au/asxpdf/20220307/pdf/456rpz9s8bymgq.pdf
MLS is also waiting for assay results and I am also hopeful they will find high grade rubidium.
The high grade rubidium is excellent! High grades would...
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