ORE 5.11% $6.13 orocobre limited

AFR - Lithium prices continue to slide, page-2

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    As they say in the classics, "tonnes ain't tonnes"

    Molecular weights:
    Lithium: 7; Carbon: 12; Oxygen: 16

    I believe "6% spodumene concentrate" refers to concentrate containing the equivalent of 6% of lithium oxide (Li2O) which has a molecular weight of about 30, compared to lithium carbonate (Li2CO3) which has a molecular weight of around 74.

    So a tonne of lithium carbonate contains around 14/74 a tonne of lithium (19%);
    a tonne of lithium oxide contains around 14/30 a tonne of lithium (47%)

    That would explain why the hardrock concentrate prices seem so high compared to carbonate.
 
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