How much Lithium Carbonate will LITH has?Hi everyone,
It's a good question and pure speculation, and too early to tell now.
Based on the information currently available, I did some exercises and assumptions, and calculated as the following:
The central 5 blocks (2 blocks at south, south-west are not included) surface area is estimated 162 KM square.
The depth and Specific Yield (FY) are estimated:
300 - 330 meters, 30 meters, SY = 6%;
330 - 386 meters, 56 meters, SY = 12%;
386 - 399 meters, 13 meters, SY = 22%;
399 - 450 meters, 51 meters, SY = 10%;
Total Brine Volume is 3,621 Million Cubic Meters;
Lithium grade, lithium metal, & lithium Carbotae are estimated as:
500 mg/L, 1.811 million tonnes L-metal, 9.6 million tonnes LCE;
600 mg/L, 2.172 million tonnes L-metal, 11.6 million tonnes LCE;
700 mg/L, 2.535 million tonnes L-metal, 13.5 million tonnes LCE;
800 mg/L, 2.897 million tonnes L-metal, 15.4 million tonnes LCE.
As the above calculation indicates, LIH has a potential of minimum 10 million tonnes LCE.
LAC has 19.9 million tonnes M/I LCE at 592 mg/L;
NLC has 5.27 million tonnes M/I LCE at 637 mg/L;
ML has 2.13 milluon tonnes M/I LCE at 450 mg/L.
Good luck to all here.
tiger