AGY 2.44% 4.0¢ argosy minerals limited

General Discussion AGY, page-23530

  1. 606 Posts.
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    I acknowledge that Rob may be getting seasick trying to crack the maths so I'll help him with the true cost of production of a spodumene

    The SC6 standard means 6 grams of Li in each kilo of spodumene or 6 kilos of Li in a tone of spodumene.

    If each tone of Li carbonate contains 188 kgs of Li, that means you need ~30 tones of spodumene to produce 1 tone of Li carbonate.

    ~30 tones of spodumene @ $800/tone + $5,000 for conversion + $500 for transport = $30,000/tone of Li Carbonate from spodumene

    How does compare to a $18,000/tone of brine production?

    Brine is dirty cheap

 
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