GXY Relationship, page-58

From the Ann Positive Phase 1 L-Max® Plant Pre-Feasibility Study (http://www.lepidico.com/wp-content/uploads/2017/02/LPD-170227-Positive-Phase-1-L-Max-Plant-Pre-Feasibility-Study.pdf),

Our Inputs



Our outputs (for 29,000 tpa concentrate input to produce 3,000 tpa BG LCE)


We now have S-MAX so produce the Amorphous Silicate presumably in similar quantities?!

Flesh out the cost numbers for consumables we get

	Product	Annual (tpa)	Consumption (Kg/t)	Price (S/t)	Total consumption (tpa)	Total cost ($pa)
1	Inputs
2	Mica concentrate (4% lepidolite)	29,000		350	29,000	10,150,000
3	Sulfuric Acid		1,054	60	30,566	1,833,960
4	Limestone		706	38	20,474	778,012
5	Hydrated Lime		706	120	20,474	2,456,880
6	Sodium Carbonate		143	239	4,147	991,133
7	Caustic Soda		614	207	17,806	3,685,842
8	Formic Acid		13	600	377	226,200

our primary costs are concentrate, caustic soda, hydrated lime, and sulfuric acid in that order. now of course, this is based on 2017 numbers. However, it highlights that finding a location is a multi-variate problem