RE: Standard Lithium - 20,000 tons per year.4 Jan 2021 15:26
LITHIUM NEWS.
"positive Preliminary Economic Assessment targets the production of 20,900 tonnes lithium carbonate from a 3,140,000 tonnes lithium carbonate equivalent (LCE) Indicated Resource from the 150,000 acre Lanxess project."
RRI 41%
All in cost to produce battery grade lithium in the USA $4.500 approx and selling for UPWARDS of $10-12,000 PER TON.
Production of the lithium from brine is not vapour pools which typically take 12-18 months as in most of South America. Nope, Lithium Carbonate at Smackover site takes 24 HOURS ONLY. 24/7 operation from liquid brine so no drilling.