Spodumene price outlookAsian Metal has spodumene up another 65% in the next year. Spot prices are already over 5000$ for the chemical stuff (battery material) so we are now talking of 10,000$ a ton for chemical spodumene and that is about 5 times more than what is in our NPV !!
Carbonate is forcasted to go to about 100,000$, so if spodumene is at 10,000$ it still will leave about a 30,000$ gross profit margin for the converters.
Link to Asian Metal