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...
Add AAJ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.15M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $4.921K | 307.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 696333 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 15275 | 1 |
View Market Depth
| Last trade - 14.38pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.6¢ |
Change
0.000 ( 6.67 %) |
||||
| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.6¢ | 58355 | ||
| Last updated 11.55am 17/06/2024 ? | |||||
| AAJ (ASX) Chart |
