Here below are the most recent production costs I am aware of:...

Here below are the most recent production costs I am aware of:
US$387 PER DRY METRIC TONNE, (Below)

Apparently one of, if not the most inexpensive production costs of it’s type in the world.

“SEPTEMBER QUARTER 2019

QUARTERLY ACTIVITIES REPORT

Consistent execution of low-cost production at Mt Cattlin

Galaxy Resources Limited (ASX: GXY, “Galaxy” or the “Company” is pleased to report to shareholders on activities completed for the September quarter 2019 and its financial position as at 30 September 2019.

HIGHLIGHTS

Production & Operations

w Mt Cattlin production volume of 50,014 dry metric tonnes (“dmt” of lithium concentrate, grading 6.0% Li2O, the midpoint of production guidance of 45,000 – 55,000 dmt

w Mt Cattlin production unit cash cost of US$387 / dmt produced free-on-board (“FOB”, reinforcing Mt Cattlin as one of the lowest cost lithium concentrate operations globally

w Total shipment volume of 58,278 dmt of lithium concentrate, slightly under guidance of 60,000 – 70,000 dmt

Development Projects

w Stage 1 test work related to optimising the base case flowsheet at Sal de Vida is now complete, with positive results from preliminary evaluation; final evaluation will be completed in Q4 2019

w Several, significant flow sheet improvements and simplifications have been identified and broader work is underway on opportunities to de-risk project development with highly encouraging results from preliminary evaluation

w Two-year corporate social responsibility program agreed with the Government of Catamarca and first project commenced

w Project design and preliminary costings related to the James Bay upstream operation undergoing review and optimisation

w Phase 2 test work related to the James Bay downstream operation progressing
Corporate

w Galaxy executed an agreement with a consortium of lenders to acquire the senior secured loan facility provided to Alita Resources Limited (ASX: A40); Galaxy continues to assess restructuring options related to Alita and Bald Hill

w Closing cash of US$169 million and debt of US$32 million as at 30 September 2019"

Reference:

GALAXY RESOURCES. (24-10-2019) SEPTEMBER QUARTER 2019
https://hotcopper.com.au/announcements/?tag_id=1353&exchange_id=1