SQM and ALB Atacama costs after new lease and royalties structure much higher than SDV.
"On April 10, 2018, the new lease payment structure as described in our conciliation agreement with CORFO became effective" --SQM
As you can see on the graph below from Canaccord, SDV will always beat the Atacama in terms of cost per tonne of carbonate after Corfo's new scheme with ALB and SQM.
And likewise, James Bay as an integrated hardrock operation has lower cost than Greenbushes and Wodgina.
Fight to the death in operating costs per tonne if we have to, SDV and James Bay always win
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