Incredible profit margins - Is it possible?
Tesla’s lithium extraction patent catches miners’ attention
the process allows for extracting lithium from clay mineral and compositions by mixing a cation source with the clay mineral, performing a high-energy mill of the clay mineral, and performing a liquid leach to obtain a lithium-rich leach solution.
SPMT replied to Musk regarding their Nevada clay project that their technical report reveals the following costs and revenue with regards to Li2CO3
Mining cost $ 2 per ton
Processing cost 15 per ton
Recovery 80%
Sales price $ 10,000 per ton
https://www.mining.com/teslas-lithium-extraction-patent-catches-miners-attention/
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If these are realistic project margins then NILI should be worth BILLIONS AT THIS MOMEN.
Good Luck,