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
-
- There are more pages in this discussion • 122 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.42 |
Change
-0.160(6.20%) |
Mkt cap ! $7.513B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.42 | $47.36M | 18.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 32422 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 327129 | 83 |
View Market Depth
| Last trade - 15.46pm 06/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |