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re: Diving deeper on Standard Lithium?
Posted on 11/19/20 at 7:51 pm to SmackoverHawg
Posted on 11/19/20 at 7:51 pm to SmackoverHawg
quote:
SmackoverHawg
Thank you for sharing your knowledge about this company.
I know you have stated most of this information in previous posts and you must be getting tired of repeating yourself. So let me just say Thanks again.
Can you explain their production capacity limits when the final plant is finished in comparison to traditional methods.
Am i correct to assume that STLHF will be able to produce hundreds of Times more product and at a cheaper price than any competitor?
I read about their production capacity but i did not understand it.
Posted on 11/19/20 at 8:18 pm to 1234567k
quote:
Can you explain their production capacity limits when the final plant is finished in comparison to traditional methods.
Am i correct to assume that STLHF will be able to produce hundreds of Times more product and at a cheaper price than any competitor?
I read about their production capacity but i did not understand it.
The initial project was for 20,000/year, but after actual testing of lithium concentrations and reducing the time from 72 hours to around 6(may even be lower) I read somewhere, that I can't find now, that they could ramp that up to 100,000 tons/year with existing plans. Brine flow would be limiting factor. Tetra shut down their plant and Lanxess has rights to their leases. Lanxess has over 3 million tons of lithium in their brine by estimates and Tetra has 800k-1million tons. The concentrations were much higher than they expected, hence they stopped the pipeline Albermarle was building to Lanxess from Magnolia.
From my understanding, they can ramp up as needed and still drill new brine wells or even take tailbrine from Albermarle.
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