"The recently installed kiln lifters are also allowing the kiln to operate at close-to-design feed rates and with improved levels of natural gas usage. The precipitation plant has also been re-established and is achieving production rates reached prior to the November 2012 accident, and will continue to be ramped-up in the coming weeks."
Prior to shutdown the plant was earning about $2m/mth from the sales of technical grade product. So add to that the battery grade sales - so lets say we are earning about $3m-$4m per mth now. This rate of production should double every month up to 17,000tpa of battery-grade lithium carbonate X $6,500/t.
GXY Price at posting:
12.9¢ Sentiment: Hold Disclosure: Held