Lithium & The Future, page-4100

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MrAwesome

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15/08/19

20:31

Post #: 40008732
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Originally posted by Dr_Manhattan: ↑

This logic is flawed.
Removing iron for example from SC6 is pretty straight forward. The assumption that higher iron SC6 somehow translates to low quality carbonate or hydroxide is just that, an unfounded assumption. Here is a nice read [link]

'There is wrong impression that iron and mica cause excessive troubles in the converter. I had used low grade spodumene concentrate with both iron and mica reached around 4% to produce much better than battery grade lithium carbonate in a commercial plant. Some forms of iron and mica may create problems, but in general, the iron and mica are nuisances rather than trouble markers. Iron is very easy to remove during or after leach and mica is hardly leachable in the typical sulphate process.'

Fact is that customers have specifications. The producer needs to meet those specifications. It also takes time for a plant to get setup to use a specific SC6. So iron content isn't as much of an issue as consistency of supply (where I fear PLS might of had issues recently but that's total speculation on my part). A40 has a low iron product but its expensive to mine and clearly its not worth the high prices to costumers. I do hope their situation improves.

I still remember James Brown at the AGM telling me that he couldn't understand how converters could make money on GXY's SC6 prices. Seems he was right and those SC6 prices are unsustainable until the market improves.

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Dr im intrested in understsnding just how these lithium deposits are formed. Any suggestions on reading material?

AJM Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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Lithium & The Future, page-4100

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Lithium & The Future, page-4100

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