Not sure if benchmark but seems pretty standard for new mines to do DFS around 25 years. It's more about the customer they want security of supply and dont want to be looking every 10-15yrs for new supply.
The Li requirement is going to be a huge ramp and customers will be looking to tie up more than 10k @ 15 years. 10k @ 25 years seems like a sweet spot to me a bigger plant doesnt seem feasible at this stage. Besides we are sort of committed to 10k given our approvals progress. The term wouldnt interrupt our progress. Re-scoping approvals would be a pain and huge delay.
imho dyor
Ann: Rincon Resource Expansion & Strategic Developments Update, page-82
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