GREY:NMKEF - Post by User
Comment by
will.caon Nov 08, 2017 1:54pm
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Post# 26927091
RE:Haven't seen this posted yet, Joe Lowry on NMX:
RE:Haven't seen this posted yet, Joe Lowry on NMX:As electriqueman noted in french, I like Joe and follow his twitter and read all his articles, but his comment was misinformed and reading Nemaska's subsequent press releases clearly proves this.
Not that we can say definitively that everything is going smoothly, but they haven't said otherwise so saying so is just speculation.
There was a comment recently I think from one of the aussie miners (can't find it right this second sorry) but it basically said that other juniors should stick to mining and sending spodumene to China for refinement. The challenge of refining is not worth the headache. The fact that NMX is even producing hydroxide is significant.
JRVansant wrote: Nemaska still requires massive funding to move forward with a commercial size plant. I like the idea of new technology in hydroxide but their current struggle to bring just a 500 MT plant online with on spec crystallized product rather than just a hydroxide solution they can ship to neighbor Johnson Matthey is question that needs be answered hopefully in early 2018. New technology always takes time – taking a wait and see attitude on Nemaska. Don't look for production >10K MT in this decade.
https://www.linkedin.com/pulse/lithium-2018-early-look-joe-lowry?trk=mp-reader-card