Even with a flotation circuit, PLS recoveries last quarter was only 67%.
And CXO without one, was 50%. And they are increasing to 55%. So there is not a lot of difference.
The issue for me are the costs. PLS does have Tantalite as a credit to reduce its overall costs.
Nonetheless, at current prices, Not many Li producers would be making a profit.
Ann: December 2023 Quarterly Report Advisory, page-27
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