LAC profit margins 50% versus NILI profit margins of 300%FACTS PER LAC
The company has already established its mineral beneficiation infrastructure as well as its processing plant. Between the two, an 11-step process follows extraction and results in battery-grade lithium carbonate. The result of this is a $6,743 operating cost for every ton of lithium carbonate produced at Thacker Pass. At the time of writing, the spot price of lithium carbonate is ¥95,500 per ton, or $13,436.85, indicating a 50.18% margin for Lithium Americas.
......(low grade at LAC versus NILI)
https://finance.yahoo.com/news/lithium-americas-stock-nyse-lac-024708992.html
FACTS PENDING PER NILI (tbd in PEA report - Q4-2024)
The result of this is a $4,000 operating cost for every ton of lithium carbonate produced by NILI. At the time of writing, the spot price of lithium carbonate is ¥95,500 per ton, or $13,436.85, indicating a 300% margin for NILI.
Good Luck