Just reinforcing why LOH-Max was taken up by CLL over other technologies and why Joe said he is confident of other licencing agreements in 2021.
LOH-Max can be employed to process spodumene and will be more efficient compared to other currently used processes because.
1) No potentially toxic sodium sulphate waste
2) lower capex
3) increased recovery of Li from spodumene
4) lower energy intensity, lower carbon footprint
And the big one
5) a saving of US$100m over a 10 year period per 20 ktpa processing plant.
How much royalties could LPD receive from a company saving US$10m per year using the most environmentally friendly process available????
Hopefully LPD can sign up one more licence agreement in early 2021, then we obtain finance to get our phase 1 plant developed and once our phase-1 plant is operational our bargaining position for royalties will be much stronger.
gltah
dyor
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