A40 0.00% 8.2¢ alliance mineral assets limited

From past announcement:"Jiangxi Baojiang Lithium Ltd., a joint...

  1. 195 Posts.
    lightbulb Created with Sketch. 110

    From past announcement:

    "Jiangxi Baojiang Lithium Ltd., a joint venture between Jiangte and trading firm Burwill Commodity Ltd., is currently building a factory to produce 10,000 tons of lithium carbonate and 5,000 tons of lithium hydroxide a year, and the plant which will rely on supplies from Bald Hill."


    i have read a few posts stating 7-8 tonnes of 6% spodumene to produce lithium carbonate and hydroxide.


    Therefore, let's assume 15kt x 7.5 = 112kt @ 6%.


    Given our annual ouput is already meant to exceed this amount (without fines), it seems logical we need another offtake customer.

 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.