Let’s say it takes one year to bring NAL up to producing lithium sulphate and a further two years to be able to produce lithium carbonate.
Right now it is producing 5.5% spodumene concentrate which we are sending on a 10,000 nm journey to Northern Asia by ship taking 60 days plus to get there.
In one years time SYAQ could be supplying ~32% lithium sulphate to new downstream refineries in North America, Europe, South Korea and Australia.
In three years time SYAQ will have it’s own lithium carbonate plant and possibly a choice of lithium hydroxide plants in Quebec, of which to upgrade their lithium sulphate to battery grade material.
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Let’s say it takes one year to bring NAL up to producing lithium...
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