LPD 0.00% 0.3¢ lepidico ltd

My understanding is that L-Max doesn't process Petalite, as it's...

  1. 2,768 Posts.
    lightbulb Created with Sketch. 10
    My understanding is that L-Max doesn't process Petalite, as it's a lithium silicate like Spodumene. Both will likely drop out of solution during processing.

    Extract from agreement with Pioneer Resources:

    "Other minerals: Lepidico will retain rights to minerals conducive to treatment by the L-Max® process, including lepidolite and other Li-bearing mica minerals as well as lithium phosphate minerals such as amblygonite and montebrasite. Any other lithium silicate minerals such as spodumene and petalite would be handed to Pioneer. All other products would be shared on a pro-rata basis, other than pollucite mineralisation, which is explicitly reserved by Pioneer for its sole benefit."

    However, think of the advantages of that to a Spodumene miner/refiner... you've 'cleaned' their spodumene for them of any micas.
    Last edited by shades2: 01/08/17
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $21.47M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $1.603K 567.7K

Buyers (Bids)

No. Vol. Price($)
182 206483419 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 108703053 57
View Market Depth
Last trade - 14.18pm 04/07/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.