I just asked myself "what in your life is composed of or contains the magical lithium, & what in the future will likely contain lithium?"
You are joking aren't you.
A company producing "the magical" lithium, with a conservative market price of US$6,500 tonne out of the Ricon Salar with an infinte mine life who cares what it is...
In addition to this, the majority of the lithium production is the 108 days that the brine sits in evaporation ponds, in one of the most arid regions of the world.
2010
$110,500,000 Lithium @ US$6500/tonne
$20,300,000 Potash @ US$290/tonne (70,000 tonnes free by product)
with OPEX @ $35,000,000
and this does not account for the iron ore...
Ahhh, the "magical lithium"...
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