This is a slide from Hatch with the mining plan for Moblan. This was done in 2018 and shows with 12mt resource that they were forecasting 200,000 to 213,000 tons of spodumene per year.
Now listen to Guy B at PDAC just this past weekend, where he describes a MINIMUM of 60 to 100 million tons of resource at Moblan.
https://youtu.be/2D2ecWsvi-I?t=420 7 minute mark
In terms of spodumene this would equate to
1,000,000 tons to 1,600,000 tons per year.
In terms of hydroxid this would equate to
150,000 to 250,000 tons per year
Albemarle is one of the larges producers of hydroxide in the world, last year they produced 88,000 tons of hydroxide and as of March 1, 2023 they have a market cap of almost 30 Billion USD. ( 45.4 Billion AUD). Moblan could eventually (2029ish) produce double (or more) the amount of product that ALB produced last year. While you watch the market do it's crazy daily gyrations, don't lose sight of the bigger picture.
The drill results are due out by mid-April, and the Moblan PFS is due in May, we are not far off from knowing how much this beast really has to offer.
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