“lithium brine project announces DFS for Stage 1 of 5,400 tpa, production to commence in 2026”
Sounds familiar?
This was announced by Standard Lithium of Arkansas yesterday (SLI.V)
A quick comparison of Stage 1 highlights
GLN SLI
Tonnes pa. 5,370. 5,400
Project life yrs. 40. 25
post tax NPV 8%. 460m. 550m
Product LiCl. Li2CO3
IRR. 36%. 24%
LCE price assump $28k. $30k
Opex. $3,963. $6,810
Capex. $365m. $104m
M&I res. 6.4 mt. 2.8 mt
Grade. 856 ppm. 148 ppm
Both companies have a “stage 2” of roughly the same dynamics. SLI is obviously DLE, not ponds, which adds a layer of complexity.
SLI offtake is under an MoU which may result in SLI being diluted out of 30-49% of the project
GLN market cap A$254m
SLI market cap C$775m
(equivalent to A$890m)
I did this comparison quickly, so there may be tweaks (any comments welcome),
but you get the drift….
“lithium brine project announces DFS for Stage 1 of 5,400 tpa,...
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