Clarification Required if anyone can help
So 113,000 tonnes (or 50%) of spodumene produced by the Sayona Quebec JV (75% Sayona/25% Piedmont) will be sold to Piedmont Mining forever at U$900 per tonne.
According to the recent KP interview on Lithium Ion Rocks, Piedmont Mining will be able to sell that 113,000 tonnes to the JV's NAL carbonate plant (if one is built) at standard market rates. IE they buy from the JV at US$900 per tonne and sell back to the JV at US$1300 per tonne.
The JV then processes that 113,000 tonnes of spodumene and produces approximately 15,000 tonnes of LCE. It then sells that 15,000 tonnes of LCE for the market rate on the day. ie $15,000 per tonne.
The $15,000 per tonne of LCE revenue is then split 75% Sayona Mining and 25% Piedmont Mining.
Does this sound right to everyone?
Clarification Required if anyone can helpSo 113,000 tonnes (or...
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