Actually you're dead wrong, yet again @Rotane. The SC6 standard refers to 6% lithium oxide (Li₂O), not pure lithium (lithium metal); and that's where you f*cked up. Consequently there's not 6 kilos of Li (metal) in a tonne of spodumene, there's actually 27.89kg of Li (metal) per tonne of spodumene.
Even if you're genuinely dumb enough to think that SC6% means "6% lithium", then your numbers are still off. 6% of a kilogram is 60 grams, not 6 grams, you absolute pelican.
So fixing up your figures, if each tonne of Li carbonate contains 188 kgs of Li, that means you need 6.74 tonnes of spodumene to produce 1 tonne of lithium carbonate (188/27.89 = 6.74). Add a 10% margin of error for wastage, because no refining process is perfect, and what are you left with? A factor of 7.414, which is damn near exactly the factor I used (7.5 - referenced from Fastmarkets), which you described as "just garbage for the illiterate". It seems only one of us is illiterate, but it ain't me.
P.S. - I can't believe you didn't give yourself an uppercut as soon as you concluded that it costs $30k to produce 1 tonne of carbonate from spod. Are you seriously that bad at this game? Honestly mate, stick to simpler pursuits; numbers aren't for you.
- Forums
- ASX - By Stock
- AGY
- General Discussion AGY
General Discussion AGY, page-23532
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $58.23M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $72.01K | 1.793M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 370632 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 226700 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 370632 | 0.040 |
11 | 1138204 | 0.039 |
11 | 1017089 | 0.038 |
12 | 1190095 | 0.037 |
10 | 1302435 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 226700 | 4 |
0.042 | 749632 | 8 |
0.043 | 828966 | 6 |
0.044 | 1584000 | 6 |
0.045 | 180000 | 4 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online