The conversion of LCE to LiO2 is a factor of 0.404
so if you had 5Mt of LCE that would equate to approximately 2Mt of LiO2 (assuming 100% LiO2 concentrate)
it's effectively the Lithium content.
let's say you had a resource of 100Mt of 1.5% LiO2 .. a pretty respectful Spodumene deposit.. that would contain 1.5 Mt of LiO2 which equates to 3.7Mt of LCE
so 5Mt of LCE is big!
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