well the basis for my capital assumption of $500m is here
https://resourcingtheterritory.nt.gov.au/__data/assets/pdf_file/0008/756548/Potential-Mining-Developments-Report-Sept-2022.pdf
and that appears light on when you take in to context the lfp plant set up by icl for $400m usd of similar (slightly bigger) size https://www.energy-storage.news/aleees-to-provide-technology-for-icl-groups-lfp-cathode-facility-in-us/
so I don’t think I will halve anything but others can do their own numbers.
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