The cost to develop Grota De Cirolo (Sigma Lithium, Brazil), which has basically the same nameplate capacity as Kathleen Valley, is about US$235m all up ($135m Stage 1, and $100m Stage 2). That's A$365m, or about a quarter of what was spent at Kathleen Valley.
LTR Price at posting:
60.5¢ Sentiment: None Disclosure: Not Held
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