Putting into perspectives, Critical Elements cant raise their US$400mil Capex whilst LTR Capex is seeing a cost blowout to over AuD$850mil.
Critial Element's lauded so called high purity spodumene is no help to them with their slurry grade of sub 1% Li2O which is almost 30% to 40% lower in contained LCE compares to PMT and Adina or most of the average lithium deposits globally of 1.30% Li2O
Its no wonder they are valued at $450mil only.
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