From the previous post mentioned,
• Furthermore, CATH will enter into a long-term Primary Lithium Sulphate (“PLS” offtake or tolling agreement which provides for 46,000 DMT per annum or 100% of the primary lithium sulphate produced from the first train of the PLS Plant.
• As a result of these offtake arrangements, in conjunction with other existing offtake arrangements, 100% of the Manono Project’s saleable lithium products produced under the April 2020 DFS will be contracted for at least the first five years from commencement of production.
1,600,000 SC6 on a 10 MTPA output.
800, 000 CATH
200,000 Shenzhen Chengxin who want to expand
160 ,000 Ganfeng
Bank Feasibility locked-in customers for 1,160,000 SC6
Leaving 540,000 available.
That 540,000 SC6 available to the market could be already been allocated to CATH .
As a tolling agreement has been approved.
Exact number of tons required of SC6 to produce 1 ton of PLS Scarpa posted but do not have it available.
4.5 to 6 tons ?
46000 tons of PLS and AVZ have plans to upscale to 100,000 of PLS with train 2.
Bank feasibility locked-in customers for 10 MTPA.
CATH could provide BASF and the growth of lithium hydroxide production plants.
The importance of the value-adding to PLS meets DRC requirements of mining.
Lower transport costs.
Potential Lithium hydroxide production in Africa.
GREEN / lower carbon footprint.
10 MTPA will need an updated DFS that will be shown a highly profitable project.
Well done management on securing CATH / MR PEI as joint venture partners.
ALL IMO
https://thewest.com.au/business/pub...rojections-for-giant-lithium-project-c-991380
It is a primary lithium sulphate plant which is the first stage of downstream processing for lithium and rarely, if ever, do you see the two plants side by side on a mine site.
The company says that the carbonate and hydroxide manufacturers are happy to buy the sulphate as it is a pre-curser to both carbonate and hydroxide anyway and the refined product will be a lot less bulky to ship, thereby reducing one of the single largest costs at the project – transport.
It might also have something to do with the fact that the lithium spodumene product has been modelled with a sale price of US$674/tonne whilst lithium sulphate fetches over US$7,000/tonne.
- Forums
- ASX - By Stock
- AVZ
- Running discussion on SP
Running discussion on SP, page-53888
-
- There are more pages in this discussion • 28,883 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online