GXY 0.00% $5.28 galaxy resources limited

Reading different threads on different stocks, there is alot of...

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    Reading different threads on different stocks, there is alot of misconception about lithium products. Not all carbonate, hydroxide, spoduneme and batteries are the same.
    The different spoduneme prices are dependent on particles size, the minerals within and the customer ability to process. If the particles are too small they are rejected by the machine less lithium product at the end. Too big the machine cannot process, more work(cost) is needed. Too much of other minerals, more clumps in the calciner has to be removed. It's safe to assume Gxy spod goes into batteries because of the higher price than average. The Sc6 is just means 6% Lithia, the size and minerals within determines the final product, thus determine the price of the spod. Gxy has increased recovery to 60% but only pay a penalty of $14 usd. 0.1% × 7 =14 at a price of over $600/t and climbing. Those arguing over Sc6 and 5.8, need to get a hobby. Wmt means cheaper price due to the water content, gxy sell Dmt. Not all converters produce battery grade. The lubricant, glass and ceramics markets need lithium products as well.
    Industrial carbonate can be turned into technical hydroxide. Industrial carbonate can be converted to battery carbonate. Battery carbonate can be converted to battery hydroxide. Each steep in the process cost extra. The converters ( customer) must have the know how and the equipment to do so. Spod to battery grade chemicals is like saying a wheat farmer is a baker. Comparing carbonate to hydroxide is like comparing bread to cake. Comparing technical to battery grade is like home brand to 5 star.
    Sdv producing battery grade carbonate, they can sell directly to anode, cathode and battery makers. The location of customer is irrelevant. As for reserves it has 40 year life producing battery grade carbonate. Key board warriors, directors and analysts will be long gone before then. The fingers will no longer type, some will have disappeared into the earth.
    JB doesn't need a converter of their own. They can sell as spod or contract a converter to produce hydroxide. Then sell hydroxide to battery chain in North America or Europe.
    Galaxy will soon be a chemical producer and not just a mineral one.
    There is a Director producing spod that believes the iron content comes from the equipment. If this was true, the plant will soon fall apart. It's either spod or chemical, LCE is a term to pretend the two are the same.
 
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