CXO 5.10% 9.3¢ core lithium ltd

Banter and general comments, page-12606

  1. 3,032 Posts.
    lightbulb Created with Sketch. 285
    What is the excitement as to the PLS announcement?

    In 2020, Australia expanded spodumene mining to become the leading lithium-producing country in the world.

    Extraction of lithium from spodumene is challenging due to the tight binding of lithium in the crystal structure. Processing methods rely on roasting at high temperature with various reagents. At temperatures in excess of 800 °C (1,470 °F), the spodumene is converted from the alpha structure to a more open beta structure from which the lithium is more easily extracted by the reagents. Suitable extraction reagents include alkali metal sulfates, such as sodium sulfate; sodium carbonate; chlorine; or hydrofluoric acid.

    An important economic concentrate of spodumene, known as spodumene concentrate 6 or SC6, is a high-purity lithium ore with approximately 6 percent lithium content being produced as a raw material for the subsequent production of lithium-ion batteries for electric vehicles.

    @about US $6100/tonne for the 6% content.

    WE hope CXO will be in this action within the next 4-6 months with exporting the 6% lithium concentrate.
    SB should have news as to the progress of the new processing plant soon we all hope.

 
watchlist Created with Sketch. Add CXO (ASX) to my watchlist
(20min delay)
Last
9.3¢
Change
-0.005(5.10%)
Mkt cap ! $198.7M
Open High Low Value Volume
9.9¢ 10.0¢ 9.3¢ $3.295M 34.70M

Buyers (Bids)

No. Vol. Price($)
7 365887 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 883409 8
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CXO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.