Running discussion on SP, page-48638

For those interested I posted this in a Peer Comparison thread on Rio and Jadar and what the deposit actually is and what the byproducts of it are that are saleable. The boric acid production is what drives part of this projects viability, and Rio will dominate that borate market with Jadar - Post #: 54851706.

Simple conversions:
On a spodumene equivalence basis they are producing 435,000 tpa - and yes Jadar is not spodumene. For every 1 million new EV passenger vehicles, an equivalent 45,000 tonnes LCE is needed at a installed battery size of 50 kWh assumption (which roughly translates to 45 kg of LCE in each battery). For every 1,000,000 EV's it will need the equivalent, at the mine site, of the addition of a 2 mtpa ore feed facility producing some 340,000 tonnes of 6% grade spodumene (assuming ore grade is 1.26% for example and yes I know it is higher for AVZ). Or another way to look at it 2.94 EVs are produced per tonne of 6% grade spodumene concentrate.

All IMO