RE:RE:A few reasons to own V.CYPRE: grades first started at much higher ppm and now are down to 150 or so ppm is very interesting to say the least.
I have the exact amount of the decrease somewhere but below is also saying much the same.
Albemarle Corp. (current market capitalization: $9 billion USD) acquired Rockwood Holdings, amongst others operator of North America’s only brine based lithium production facility, the Silver Peak Mine in the Clayton Valley, for $6 billion in early 2015. Silver Peak has been producing lithium from brines since the 1960s, during which period the average lithium grades decreased from about 400 mg/L to an estimated 100 mg/L today.