AGY 2.38% 4.3¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-136

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  1. 4,187 Posts.
    lightbulb Created with Sketch. 1730
    Last reported production from Olaroz was 42% battery grade, so you’re correct there mate. What you’ve failed to consider though in your fascination with battery grade is that there’s currently less than a US$500 difference per tonne between tech and battery grade mate.

    The last reported OPEX from Olaroz was $6088 per tonne, whereas AGY have projected OPEX of US$7500 for Rincon Stage 3. That makes Olaroz significantly more profitable per tonne than Rincon, based on nothing more than OPEX savings, even though the majority of their production is lowly tech grade.

    Generating maximum profit is the goal yeah?
    Last edited by Rob826: 23/04/24
 
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