NVX 4.14% 75.5¢ novonix limited

G'day FeralI enjoy your posts and find them well thought out and...

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    G'day Feral
    I enjoy your posts and find them well thought out and informed many thanks. On the lithium purity debate it might pay you to read Dugsab's post 46927964 on the LKE threads, here's part of it

    "A 99% product contains ten times the impurities of a 99.9% product. Current price indications from Chinese traders are US$5,500/t for 99% product, ~US$10,000/t for 99.9% and US$25,000+/t for 99.99%

    "Comparing cost of production for "equivalent quality from brine projects in Argentina" is difficult since none are targeting "battery" grade LiCO3 (99.9% or greater). The rest are targeting "technical" grade 99.4% or 99.5%. Only Standard Lithium in Arkansas USA are targeting battery grade - 99.9 or greater Please see page 12 of research done by HK based analyst - Simon Francis from Orior Capital LTD."

    The purity or lack of impurities is a big factor in the cycle life and dendrite risk in LIB's. Novonix will be testing and validating LKE's product.
    Cheers wink
 
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