RE:Back of the napkinHi Moe,
LAC is still building their Phase 1 project, and will start comissioning the 2nd half this year, and it possibly takes 1 year to get full capacity, if they are luck. They possibly can do this since they are JV with Ganfeng. LAC's neighbour Allchem (or Orocobra) has been in productionn for about 5 years now, they are only about 70-75% capacity, 50% is battery grade.
LAC's phase 2 is just PLANNING, not ramping up.
LAC's portion of lithium is market related price when they got financiced from Ganfeng & another Asian company a few year back.
tiger
Moemoney42 wrote: Considering LiOH prices right now are ~$72,500/ton and LAC's first years production (on a full year basis) for Cauchari will be 19,600 tons, LAC could be looking at ~$1.42 billion in cash flow for a full years production.. now consider they're already ramping up for another 20,000 tons in phase 2 at Cauchari, we could see some incredible cash flows within a couple of years if prices stay at these levels.. and one would think that with crude prices and gas prices rising the demand for EV's is going to accelerate.. this should maintain today's LiOH price levels fairly well IMHO..??