Post by
tiger2201 on Feb 16, 2023 12:30pm
Offtake Upfront Cost
Li offtake contracts have today an upfront signing price:
- SC: 3 USD/Kg-LCE (Liontown/Ford 100 kMT-LCE @ $300m (debt), PLL/LG 25 kMT-LCE @ $75m (equity))
- Li2CO3: 4 USD/MT LCE (Livent/GM 50 kMT-LCE @ $200m (debt)) This trend will continue in the foreseeable future
https://twitter.com/D_Jimenez_Sch/status/1626271331644805121
tiger
Comment by
tinker901 on Feb 16, 2023 7:24pm
That's good news. Our deal is in another category though. A partnership. So the signing price in our case will be buyingin for an amount equal to something between 50 and 100% of the capex in exchange for a piece (10 to 25%) of the action.