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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Comment by Buffalo1956on Apr 17, 2023 11:58pm
110 Views
Post# 35399763

RE:Falling lithium prices and why CEO is NOT worried

RE:Falling lithium prices and why CEO is NOT worriedWhen your total cost is $4,000 per ton to produce lithium hydroxide, it doesn't matter if the revenue is $8,000 per ton or $80,000 per ton , you are still going to put the asset into production. The contract price was never $80,000 per ton anyway , just the very temporary spot prices which swings wildly . I would doubt if any long term contracts were signed above $25,000 to $30,000 
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