LTR 8.28% 78.5¢ liontown resources limited

LTR SP Prediction contest, page-231

  1. 2,127 Posts.
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    A conversion factor of 5.323 is used to convert elemental Li to Li2CO3, or Lithium Carbonate Equivalent (LCE).

    If we assume 0.9kg of LCE per KWh
    = 900g LCE per KWh
    = 169g Li in battery per KWh

    I think you are confusing elemental lithium content with LCE which is very easy to do. It seems to get used interchangeably often and is very confusing to the reader at times.

    Even though everyone is quoting 0.9kg of LCE per KWh, the more frequently/ accurate figure is 0.85Kg of LCE per KWh. Using this figure, there is around 160 g of Li metal in the battery per kWh of battery.

    Just to confuse matters, Morgan Stanley analyst, David Leitch, the co-host of the popular Energy Insiders podcast, has recently been quoted using a conversion factor of 0.726 Kg LCE for each kWh in the battery pack. This led to my question to @Scarpa whether the conversion factor of 0.9kg LCE/KWh still held or whether the batteries had become more efficient and less lithium content is now required per KWh.

    For now happy to go with 0.9Kg LCE/KWh.

    G


 
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