In response to a few posts regarding downstream potential, I have to imagine that between the POSCO JV (which is a real production facility) and the Calix JV, which is more of a test facility, we are gaining the IP to be able to build our own plants at or near Pilbara.
Beyond the obvious benefit, higher margins and vertical integration, there’s also a significant cost saving associated with transportation (the waste stays at the mine) and the ESG benefits associated with the massive reduction in transportation.
Li3PO4 is a particularly interesting product because a significant fraction of Chinese battery production utilizes Lithium Ferrophosphate technology, it’s a far less complicated and expensive process than going to LiOH or Li2CO4, and the plant can be completed relatively quickly.
I suspect that the next big CAPEX item, after P1000, is going to be a refinery in Pilbara.
Good News & Bad News, page-33147
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |