The LOM AISC of US$885/t for a 5.5% LiO2 spodumene concentrate is not great, which may be part of the reason we're seeing this sell off IMO.
PLS AISC ~A$600/t at a 6% SC.
LTR forecast AISC ~US$450/t at a 6% SC
CXO looks to forecast ~$750/t at a 6% SC for the first 5 years roughly.
GL1 will be higher cost and lower grade at Manna. Average spodumene (6%) prices in 2021 were US$598/t. I think everyone would agree those days are behind us, but a US$2,500/t price long term is an interesting assumption. These are only PFS numbers and have been conservatively put together for good reason in the current environment. With construction and labour costs escalating there is a good chance capex will increase as engineering works progress.
GL1 Megathread, page-915
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