JL would be correct. I was just quoting a number, not trying to be specific about what that number is. I think JL quoted an LCE number around US $30-35k where Lepidolite isn't economical to mine. The market is near that now. Some supply already went off line earlier this year when that level was breached. So translate that to SC6 and it is more likely to be approx' US $3k.
2-3 years ago, Lepidolite wasn't economical to mine because Carbonate/Hyd' price was in the toilet. It still isn't if you take into account environmental concerns, something the Chinese (And OEM's) don't care about when it suits them.
Ann: FY23 Full-year results presentation, page-207
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$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46000 | $2.85 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 89829 | 11 |
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