4CE 6.25% 1.5¢ force commodities limited

The extraction process is a lot more costly. It involves...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 563 Posts.
    lightbulb Created with Sketch. 159
    The extraction process is a lot more costly. It involves roasting and leaching with water. Majority of studies I have read (different temps, different loads ect) achieve a 50% extraction, but I have seen some as high as 90%. Most of these used a 2.5%+ Li sample.

    Even with large increases in demand, I don't think the lepidolite option will be used in any major way anytime soon. Plenty of easier/cost effective options available. The market certainty wouldn't take to the idea well anyway.
 
watchlist Created with Sketch. Add 4CE (ASX) to my watchlist

Currently unlisted public company.

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