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re: Diving deeper on Standard Lithium?

Posted on 2/24/22 at 12:22 pm to
Posted by SmackoverHawg
Member since Oct 2011
28994 posts
Posted on 2/24/22 at 12:22 pm to
It’s real, but I can’t guarantee they can extract 90% of 99.9% pure lithium and scalable to commercial production.
Posted by el Gaucho
He/They
Member since Dec 2010
56922 posts
Posted on 2/24/22 at 12:34 pm to
So we gotta wait til q4?

Rip
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2926 posts
Posted on 2/24/22 at 12:38 pm to
quote:

Wraytex, why do you think that comment was aimed at a real discussion?



I guess if you have to ignore the previous 90% of that post to make the point then I defer.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 2/24/22 at 12:40 pm to
quote:

So we gotta wait til q4?


Yes, but that seemed clear even before today's PR. DFS in Q4 then a few months for Lanxess to make up their mind if they are in or not. So 2023 before construction and 2024 before production.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 2/24/22 at 1:09 pm to
What’s the projected project size again? I’ll plug it in a tool to give stand dates.
This post was edited on 2/24/22 at 1:17 pm
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 2/24/22 at 1:15 pm to
size like square feet? $ outlay? Their investor presentation says 9,700 tons per year lithium carbonate projected from Plant 1.
This post was edited on 2/24/22 at 1:19 pm
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 2/24/22 at 1:16 pm to
Haha, no I’m not that bad.

Size, fixed my typo.
This post was edited on 2/24/22 at 1:17 pm
Posted by SwampCollie
Louisiana
Member since Nov 2018
286 posts
Posted on 2/24/22 at 1:32 pm to
Communication from LANXESS via their website

LANXESS announcement of SLI project
Posted by Elusiveporpi
Below I-10
Member since Feb 2011
2645 posts
Posted on 2/24/22 at 1:33 pm to
He Is probably looking at project cost. you cant put that info in some calculators and get a generalized construction time frame.

Looks like TIC is $505,000,000. 300 direct and 205 indirect

I punched these numbers in ca calculator and for detailed Design and construction, if started 1/1/2023 the plant could be commissioned on 6/1/2024. This is a schedule driven schedule
This post was edited on 2/24/22 at 2:20 pm
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 2/24/22 at 1:46 pm to
I seriously hate those Germans.... Let's just look at their ridiculous statement below. Very non committal, all about risk aversion, not about making the most of an opportunity.

quote:

LANXESS and Standard Lithium have signed an agreement setting forth the path forward for their lithium project. After 20 months of testing on the basis of a pilot plant Standard Lithium will now in a next step, conduct a Front End Engineering Design (FEED) study in order to evaluate the potential construction of a first industrial plant to produce lithium carbonate at LANXESS’ site in El Dorado, Arkansas/USA. The focus of the FEED study is the economic viability and technical feasibility of production of lithium carbonate on an industrial scale. Final results of this study are targeted for Q4/2022. In case of a successful completion of the FEED study, Standard Lithium could build a plant for the production of battery grade lithium carbonate at one of the three LANXESS plants in El Dorado at their own expense. LANXESS does not bear any investment risk but has the option to acquire resulting battery grade lithium carbonate from Standard Lithium at advantageous pricing, i.e. at a discount of up to 20 percent to market, the final discount to be determined together with the conclusion of other project-related supply and services agreements between LANXESS and Standard Lithium. LANXESS has a right to participate in the project company up to an ownership of 49 percent, whereas the value of this participation would be based upon the capitalization of the project company. By signing this agreement, LANXESS safeguards opportunities in the attractive lithium market without taking downside or commodity price risk.
This post was edited on 2/24/22 at 1:51 pm
Posted by CharleyLake
Member since Oct 2006
1405 posts
Posted on 2/24/22 at 1:50 pm to
My apology. I missed that part.

I often skip ahead. That is why my wife, as a Christmas gift, enrolled me in Literacy Awareness Classes. Looking forward to attending tonight.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 2/24/22 at 1:51 pm to
Yeah cost, thanks
Posted by tigerfoot
Alexandria
Member since Sep 2006
59046 posts
Posted on 2/24/22 at 1:53 pm to
quote:

I seriously hate those Germans.... Let's just look at their ridiculous statement below. Very non committal, all about risk aversion, not about making the most of an opportunity.

They may as well have said, "we made this stupid agreement with a company in Arkansas that we dont think has a chance in hell of making Lithium, but if they do, we are going to buy some at a discount"
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 2/24/22 at 1:55 pm to
I know right. I was struck how the SLI explanation of the agreement differed from Lanxess' explanation of it.
This post was edited on 2/24/22 at 2:00 pm
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2926 posts
Posted on 2/24/22 at 2:07 pm to
Lol we're good and I'm pretty sure headed to the same payday.

Now back to our previously scheduled program of Gaucho's Gone with the Windthium...
This post was edited on 2/24/22 at 2:15 pm
Posted by Fe_Mike
Member since Jul 2015
3555 posts
Posted on 2/24/22 at 2:32 pm to
I see green.

Again, crap arse day to release this news, but….certainly better than the “alert: SLI down greater than 10%” I got this morning.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 2/24/22 at 2:51 pm to
quote:

This is a schedule driven schedule


What does that mean? Thanks.
Posted by PotatoChip
Member since May 2014
4203 posts
Posted on 2/24/22 at 2:56 pm to
So war good again?
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 2/24/22 at 3:01 pm to
They will spend more money to meet the schedule vs letting the schedule be what it is.
Posted by Bit
BR, kayak in marsh, or destin
Member since Feb 2021
47 posts
Posted on 2/24/22 at 3:52 pm to
Having worked for a large petrochemical company and tried to make them money, I can tell you what lanxess is really saying. This ain't our core business, so unless it becomes so (and it could) we prefer not to invest our capital. They aren't saying its a bad investment, it just isn't big enough in this volatile market.
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