Every lithium miner has gone through the same issues with recovery grades.
Every lithium miner has managed to eventually fix their recoveries to >70%.
Im counting Altura who went bankrupt, but with PLS management, managed to get it to 75% recovery within a quarter and a half.
Every miner who comes after also does it slightly faster. PLS learned from GXY and managed to fix their gremlins within a quarter.
It would be very unlucky and out of character for us to be the first Australian lithium miner who have been unable to do so.
Given how the market is pricing in permanent 50% recoveries and 90-100ktpa for FY24-25 I am pretty confident to hold this for a few more quarters.
Every lithium miner has gone through the same issues with...
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