It is not easy to produce 99.97% purity lithium carbonate but LKE and Hazen have proved in test lab and it will be confirmed once they produced 4-5kg lithium carbonate of similar grade. I know how ORE is struggling to produce battery quality lithium carbonate for the last 5 years. Despite a partnership with Toyota, 100s million cash, better brine concentration, and technology, they are able to produce only 12k tonne, and sold only half they produced at US$3,102/tonne. They are planning to convert non-battery grade lithium carbonate to battery grade lithium hydroxide. We are talking about 25,000 tonnes 99.97% purity lithium carbonate that can be sold at $15,000 per tonne. I don't care if it takes a few weeks extra or it goes below 5c, I already made money from LKE and other LI shares and I will buy more at low.
It is not easy to produce 99.97% purity lithium carbonate but...
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