Correction ?
Lepidico - mica to lithium hydroxide in the same process at around A$ 2000 a ton
And as for SQM not only do they have access to a lot of lithium brine is where most of the worlds sulphuric acid is manufactured and I wonder if Pure Energy Minerals uses sulphuric acid to process lithium brine to lithium instantly within a day which is technology from Tennova Bateman ( Israel) and Posco ( South Korea) at around US$ 2000 ? plus other by products for battery longevity and phosphate
-The world needs mass production of inexpensive lithium and it needs it now so any increase in lithium price now will only result in a commodity downturn as cheaper production kicks in eventually.
- Also Phenergy (Israel) and Alcoa Aluminium Canadada will be producing aluminium air batteries in 2017-18 primarily as range extenders - unless transportation as we know it changes and like a USB ?
GMM Price at posting:
29.5¢ Sentiment: None Disclosure: Not Held