Chris Ellison (Min Res) has the right idea. He is going to take his spodumene out to sulphate at 25 to 30 per cent and ship it out to Europe and the US. Eliminates a lot of the waste he says. "We are well advanced with our plans". Sounds like a winner to me. Either been secretly working on the process or going to licence the technology from somebody else. Which company could help him perform such a wonderful feat and how much would they charge for his company to benefit.
Well it was suggested years ago that 5% of sales for the first ten years may well be the going rate. Do the sums.
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