AT .065 CHEAP STILL LPD
Lepidico owns the technology to a metallurgical process that has produced battery grade lithium carbonate from non-conventional sources, particularly lithium-rich mica minerals such as lepidolite and zinnwaldite.
According to the company, the L-Max process has the potential to disrupt the lithium market by providing additional lithium from such sources.
The study aims to identify the economic and technical viability of a small commercial scale L-Max plant – to be built in Ontario, Canada – that will treat lithium mica concentrate feeds from a variety of resources.
The final processing design data is set to be completed by the end of December 2017.
Canada, Phase 1 LMAx, 3,000 tonnes LCE, ~A$60 million profit after byproducts, conservative mcap X10~$600m
Canada, Phase 2, 20,000-25,000 tonnes, add ~A$450 million profit to Ph1, $510 million mcap X10 ~$5.1 billion
For Europe, Add another set of Ph 1 and Phase 2, ~$10.2 billion including Canada
For Japan, Add another set P1 and P2, ~$16.3 billion conservative mcap, CA, Eu, and Japan combined
