Earlier in the week I posted a comment from a lithium market expert that stated the margin for producing spodumene concentrate has doubled in recent years when compared to that of lithium hydroxide or lithium carbonate.
Producing those chemicals outside of China is proving to be very difficult.
If it is hard for the likes of Albemarle, Tianqi and POSCO, imagine how hard it will be for SYA?
I suspect a feasibility study on mid-stream processing in Quebec, would reveal the same potential for mid-stream processing as the. CSIRO has stated about Australia.
Quebec, may in fact be better for a number of reasons:
- hydroelectric power
- proximity to the US
- proximity to Europe
- zero competition for mid-stream
- already producing spodumene concentrate in the province
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