Ann: GOULAMINA LITHIUM PROJECT DEFINITIVE FEASIBILITY STUDY, page-112

For yourselves, I posted this in another stock on what 3000 GWh means, and how many new mines are required which is what even MLL management say and others so if it is decent it will be developed so it is about economics/finance and lets hope SHs like us can benefit on our faith in the industry LOL. A lot of debate when infact a number of mines are going to be needed - Post #: 47799612

"Lately the discussion is starting to turn to 3TWh by 2030, or in effect 3,000 GWh. The revised calcs of what that means is below:



Obviously the above calcs are spodumene equivalent by the way, so brine will play a role as well, albeit in the growing lithium hydroxide market, hard rock is likely more preferred. As a point of reference, in 2020 GWH demand was 300GWh, so 3,000 GWH in 2030 is a ten fold increase.
https://www.statista.com/statistics/1103218/global-battery-demand-forecast/

It is all about demand ultimately. It doesn't matter what a DFS says if spodumene prices remain low. Demand growth and supply shortage is what will bring the average spodumene prices back to US$600 per tonne for example, and it is demand growth that will create the capacity for new greenfields entrants. Europe establishing giga factories and a lithium chemicals industry is also a key to ensuring China's dominance of the market is broken which will also be good for prospective producers."

Good luck to all.

All IMO