New Article in the auszralieNew article in the Austrian...

New Article in the auszralie

New article in the Austrian newspaper.
Among other things, it also deals with the economic viability of the mine in Wolfsberg

https://www.derstandard.de/story/3000000232660/die-eu-will-mehr-eigenes-lithium-bringt-viele-projekte-aber-nicht-voran

One distinguishes between Tier-1 to Tier-3 deposits. "Tier-1 deposits are those where lithium can be extracted in large quantities, over a long period, and at low cost. Such mines remain economical even with a low lithium price of 5,000 euros per ton.
The Rio Tinto mine in Serbia is an example of a Tier-1 deposit. For Tier-2 deposits, the lithium price should ideally not fall below 25,000 euros per ton for the company to remain profitable, while Tier-3 deposits only become profitable at a lithium price of 50,000 to 60,000 euros per ton. Currently, the price for a ton of lithium carbonate is around 15,000 euros. The price plummeted by 80 percent last year due to oversupply. "The lithium deposit under the Koralpe is a Tier-2 to Tier-3 deposit," says Tost. This is one of the reasons why it is so difficult to find investors for the project.