MAGNESIUM ratio to LITHIUM ( nevada )
Aside of Ioneer and Lithium Americas - most lithium juniors are running an average grade of,
1000 ppm per kg of raw ore = 1kg Li for every tonne processed.
LITHIUM
It would take 1,000 tonnes of ore to produce
1 tonne of lithium ( no soda assh added )
or... 184 tonnes to create
= 1 tonNe LCE
= lots of processing + lots of refining + soda ash costs
Lets now ask the question
What's the first mineral kicked out in lithium processing ?
= Magnesium - lol
MAGNESIUM
If a junior could aim for an average of 7% magnesium per tonne
= 154 lbs
= would only need to process = 6.5 tonnes of ore
= 1 tonne of magnesium
LETS NOW COMPARE
If a magnesium miner proceesed 184 tonnes like thier counter lithium miner
The magnesium miner would be able to prodcue
= 28.3 tonnes magnesium
183 TONNE PROCESSING - MINERAL PRICE COMPARISON ?
Magnesium Lithium
28.3 tonnes 1 toNne LCE
x $5,000 -
= $141,500 = $8,500
HANDS DOWN
Magnesium out performs in metrics over lithium
If Dajin could find out if thier magnesium is already in
= oxide form - it would strengthen thier - magnesium stance
In this report on Teels - it mewntions the magnesum as a strong mineral presence -
Thing is - they don't preent the magnesium in thier charts .- hence why i said in post i'm not
impressed with thier data sets...
https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.596.1890&rep=rep1&type=pdf
If the above report states the magnesium doesn't dissolve int othe brines...
= it might mean the magnesium is in
= oxide form
= if oxide = its already in the salable state
This afternnon i read a technology article presenting the stance for magnesium batteries..
The scientist eluded to - magnesium would prevail if it were not for the $5,000/t spot price vs $8,500 LCE
I laughed and said to myself....
The scientist is only looking at the end value of price points
and totally dismissed the relevance of....
what it costs the miner ot pull the lithium out - and - cost to purify
VERSUS
How easy it is to mine magnesium and the fact magnesium comnes in far richer grades
= easy to meet the supply chain demands for ev batteries ...
IN SHORT...
The numbers above clearly place magnesium with far more robust metrics over lithium.
We now have to ask...
Will those who control the spot prices of lithium ever allow it to run again?
Or.. wil lthey suppress the prices and control the markets - so they can sell thier own lithium supplkes without having everyone and thier dog enter the lithiu mspace ?
Magnesium would be the ideal answer to challenge the current status of,
juniors having problems entering the lithium, space...
Making another salt mineral vogue - knocks lithium off its high chair...
And allows fair market to run free....
As it should be.
Another persepctive for the strance of
Magnesium.
IF IT WERE ME ?
I'd pull forward Dajins Teel's basin surveys - in tech report -
and analyze the first 100 feet of the ash ores...
aim for a 5,000m x 5,000m x 30m constraint
add a few more push cores
= stack and rach a resource
= magnesium, potasium, aluminum,boron, calcium
= lithium as a bonus credit
= yes.. .switch up the lead mineral as flagship
and,.. a name change.
perhaps its all in a name ( track record )
da - jin
tease
Cheers....
Yes... i'm slowly gravitating towards other salt minerals
why fight the lithium markets...
when....just maybe, another salt mineral will give a run on lithium.
These salt minerals have so many applications...
Its utterly nonsensicle to see all juniors run with lithium...
When... so many other credits could pilot thier path.
Wango~