LKE 9.38% 7.0¢ lake resources n.l.

Make no doubt about it, 6kg a kilo, sitting on a large resource,...

  1. 435 Posts.
    lightbulb Created with Sketch. 38
    Make no doubt about it, 6kg a kilo, sitting on a large resource, with the encompassing ESG benefits, is phenomenal. Lake arn't going away
    Only the likes of Greenbushes, VUL and some Salars (with there low recoveries and questionable future) are marginally superior, but Given Woodmac's Latest 'forecast' Lepedolite has come up, but doesn't appear to add up when reading posts like I found and linked above.
    To me the question used to be are DLEs capex's (LKE,VUL or Eramat, all stones throw of each other) too high? but when you break it down and add these hard rock producers Capex's to old announcements like ''Sayona considers restart of stand-alone lithium carbonate plant as early as 2026 Capital costs for the carbonate plant are estimated at C$555 million (including contingency) because much of the existing equipment and infrastructure do not need to be replaced.'' I'm struggling to say yes.
    If it takes 555 mill to modify an existing Carbonate plant, we're up around the mill mark including hard rock capex's, comparatively before factoring in the Initial old plant cost.
    If anyone has more data on hard rock Lithium Carbonate conversion plant's Capex's, I'd like to know



 
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