That's not really how I took it Mondy. I took the announcement today as LCE equivalent, i.e our chloride will be 33% LCE from my understanding based on high grade/low impurity. So to have 4tkpa LCE on stage 1, we will need 12ktpa of chloride.
Again, this points out the issues we are all having, what the hell is the direction and where are we going as everything is unclear? But I'm thinking that there is a total shift in the strategy here and that we will never produce lithium carbonate because our product would allow us to attract that niche market and feed existing plants with our chloride. This would reduce CAPEX significantly, go to market faster, reduce chemistry risks as Mic pointed out and how hard it is to reach battery grade and all this without reducing actually our margin by that much.
I could be totally wrong and happy to be corrected but that's where I see the new shift. It would be delusional to propose 60ktpa of lithium carbonate and I do agree with that.
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That's not really how I took it Mondy. I took the announcement...
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