GXY are producing inferior grade spod (selling at US$542/t, was supposed to be US$905/t @ 6% Li2O) at US$389/t. That also doesn't include royalties, marketing/G&A costs. Even with the huge distance from port, BGS can produce cheaper than that (US$326/t) thanks to its world class resource. This cost will only come down with economies of scale and a realistic logistics pathway.... + LiOH plant....
BGS Moving Forward: Big & Bad A$$, page-58
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