- They are not going to write it off they are going to keep working till they fix it.
- We are somewhat advantaged that they are doing the learning and rectification works when the LiOH price is depressed.
- they will use the learnings on the second plant.
It's not quite as simple as a gravity sep. plant or float plant to produce spodumene. Which is why there is a huge markup for the Li processed to LiOH. I've seen the metallurgists and engineers struggle with hydromet plants before converting ilmenite to TiO2. When it becomes an effective refinery it a profit centre for decades.
All IMVHO
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