JP expects their price for Li Chloride sales to be 70-90% of the price of battery grade Li Carbonate price.
This isCORRECT- It's definitely a percantage of Li carbonate not Chloride price- Hence the margin and opportunity. Not to mention the reduced capex of ~$600m to build the Carb plant and 3 years for construction and qualification.
Only assets with ultra high grade and low impurities can offer this option in a timely manner. JP and the board are really playing to their strengths here.
Yours in HIGH grade LOW impurities
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