re: Ann: Galaxy Ships First Spodumene from Mt...
Does anyone know the price for Spodumene per ton?
found this below from 2009
"Spodumene concentrate >7.25% Li20 F.O.B. W. Virginia short ton bulk $620-680, Glass grade spodumene 5% Li2O F.O.B. W. Virginia short ton bulk $340 - $390."
so at 6% could equal around $450 a ton?
which for 6500 ton would equate to just over $2.9m for this shipment.
so with 137000 ton a year as quoted by mmartin = $61m pa
that's not a bad little earner.
please feel free to correct me on my figures...this is all just rough with minimal research
GXY Price at posting:
45.1¢ Sentiment: LT Buy Disclosure: Held
