"
year 2018–2019 to produce 300,000 t/a of spodumene concentrate"
Commencing end of July? Will need to ship ~25kt per month. The next shipment (5th) is key to set the trend for this contentious target.
What we know so far:
- Shipments so far ~28.5kt, the last shipment left the dock 1st Aug (Pan Jasmine)
- Primero (plant operator) has posted
40kt of product produced on 9th Aug
So we have ~11.5kt of spod that hasn't been shipped yet? The next shipment should be around end of Aug/early Sep. Let's say 20 days (from 9th Aug and allowing a few days to truck to port) to produce a further ~13.5kt. This is achievable with 206tph (July average) throughput rate. So then we will have ~25kt for the 5th shipment. Hopefully by then (if not already) we would have optimised to 240tph, and then monthly shipments will be ~25kt for just DMS1 (no fines). AIMO.