LPD 0.00% 0.2¢ lepidico ltd

2000 to 4000 tons... That's 30-60 million a year

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  1. 313 Posts.
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    hi Sharpey, the announcement says it is a 15kg per hour plant so does that mean it produces 15kg of lithium Carbonite every hour or it takes 15kg of ore to process?

    if it is producing 15kg, that's 360kg/day and 131,400kg a year or 131 tons. If we take the low market price for 2018 it was $15k a ton so this little plant is making just under $2 mil a year.

    not bad and as a mini-plant it serves it's main purpose, which is to show off the tech....if my calculations are correct.
    2000 to 4000 tons... That's 30-60 million a year
 
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