(Source)
Note: The above chart is about 3 months out of date. Benchmark Mineral Intelligence recently reported February 2017 China LCE spot prices at $18-21/kg, and contact prices ranging between $10-16/kg. Joe Lowry's recent reports from Japan were, "lithium carbonate prices up to $15/kg. Hydroxide contracts in a broader range up to $22/kg." SQM reported in Q3 2016 they are achieving lithium carbonate contract prices at US$12,000/tonne. 4mt pa 240000t 6% spod x900t=$216,000,000pa [email protected]%=57000t lce/lh 70%recovery=39000t x lce $12000=468,000,000 pa 39000 x $22000t lh=$858,000,000 pa these are gross numbers so just deduct cost of prodution for estimate of profit. hope this helps glta
KDR Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held