Ann: Metallurgical Test Work Update, page-90

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11/10/19

10:15

Post #: 40830377
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Originally posted by Scarpa ↑

Thanks for this - it is a tolling agreement, which in effect means that the product is been converted to carbonate by General Lithium but presume the product is then returned to Tianqi/Albermale who subsequently sell it (and I presume Tianqi and Albermale provide General Lithium the specs they want as part of the tolling arrangement).

And I presume they pay General Lithium a fee for that service, and possibly the tolling service might be a quid pro quo for General Lithium getting maybe some Greenbushes spodumene for itself albeit reading the article in full suggests that the 135,0o0 comes from Australian producers (so a little vague exactly who albeit a tolling service is stated to be provided for Greenbushes etc). Wonder if this arrangement will continue when Tianqi/Albermale hydroxide facilities come onstream.

Obviously is indicative that some of these offshore converters have spare capacity to produce LCE and if they are doing tolling for someone else might be indicative they haven't access to a reasonable spodumene supply source themselves (i.e. so have put themselves up for olling as well until get a source).

Interesting article so my reply is speculation only and should be treated as such.

All IMO

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This appeared on Der Geist Twitter feed.............. General Lithium tabling Talison SC6.

Not sure of date, but yes likely Tianqi on-sell SC6 to some customers.

That might be drying up........... hence where will General Lithium get its close to Talison quality SC6 battery grade from?

Very few sources can consistently meet specification for tier one battery makers. When China enforces battery standards, AVZ Manono will be in high demand for further expansions

All IMO & DYOR

AVZ Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
11 Upvote

1 Great analysis

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