"The Company has appointed a leading Engineering Consultancy to complete a detailed PFS study on the lithium chemical plant and the Company expects to release the results of this PFS during the third quarter of 2017."
What are your expectations of the refinery concept? It would be one of very few vertically integrated lithium mines in the world.
rough cost estimates from a broker:
"based on Tianqi’s USD 300M capex for 24,000 tons/year hydroxide refinery in Western Australia ($12.5K/ton capital intensity), a 40,000 SQM/KDR refinery should cost about USD 500M."
How might PSC fund this, given the project's complex ownership structure and local regulations?
PSC Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held
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