IGO, MIN, CXO, SYA, LTM, LTR will all be rethinking certain projects. Quite simply the end product sells for less than the cost to make it. Lepidolite had a break even of approx $15000 per tonne last year. If the spot or commodity price rise, china can switch on lepidolite mining to counter. Short term 2-3 years, all contract pricing is under $12000 per tonne. Investment in lithium will be opex based for many years. AZL working on $21000 is so far from reality, as is the $2900 opex for non battery grade. GLTAH.
IGO, MIN, CXO, SYA, LTM, LTR will all be rethinking certain...
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