Recovery of Lithium Hydroxide, page-51

@slashme LPD is a unique lithium tech play. If you'd look at the last 2 investor presentations, you will find
- revenue comes from lithium carbonate via LMAx, which is now to be tweaked via LOH-MAX to produce lithium hydroxide instead.

-phase 1 plant to be built in Canada 5,000 tonne capacity, profit esti roughly $50m per annum, and Phase 2 is about 5x the size of phase 1.

-LMAx feed is lepidolite and zinwaldite (not spodumene which requires extremely high temps and high costs to process), and with a LMAx suite of by products, lithium is produced at nil C1 costs.

-BUT LOH-MAX has now IMPROVED the game into a bigger league, as it can be ported to existing converters using spodumene as feeds - plus the capex and opex cost has even improved significantly in this new solution.

If LOH-MAX is validated in the LMAx pilot plant to be completed within 10 weeks, it will be clear skies bluer than blue. Considering the issues brine and spodumene miners are facing downstream which partly put pressure on the pricing of backend feeds (brine and spodumene) My guess is that the big boys will be chasing LPD's LOH-MAX like a black caviar for a high speed takeover bidding.

In the current climate, whoever holds the key to low cost downstream processing will win the Battery Grade lithium game.