The chemicals converters cost is ~$2500 - $3000 usd pt. That’s it. Kenny said on the conference call “the chemical converter industry WILL GIVE AWAY THEIR MARGIN (which is usually 15%, so ~$9000 at $62k chem pricing) to secure spodumene supply. In which case Spodumene pricing will surprise to the upside”
Good News & Bad News, page-7844
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