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Ann: Term Sheet to Fund, Design and Build Lithium Facility, page-223

  1. 198 Posts.
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    Indeed the hammer is big and if run 365 days can crush 730,000 ton of ore. But on a positive thinking why would a Chinese company Yantai is willing to pay 50% for the big hammer, if the nail is going to remain small?
    Looking at the plant size if it is true, for 5 years of mine life, Yantai is at least expecting 3.5M ton of ore in future, if not at this stage, to justify their investment.
 
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