On 28 May, Lepidico (LPD) announced the results of its definitive feasibility study (DFS) on its integrated Karibib mining/chemical plant project to produce 4,900t of battery-grade lithium hydroxide (monohydrate) per annum plus a suite of high-value, Group 1 metal by-products over 14 years. The DFS calculated a project NPV8 of US$221m and an IRR of 31% after initial capex of US$139m (including a 13% contingency). C1 cash costs were estimated at US$1,656/t lithium carbonate equivalent (LCE) and all-in sustaining costs at US$3,221/t LCE - putting it near the bottom of the known global lithium chemical cost curve. This report updates our valuation of the company in the light of the DFS results.Den vollständigen Artikel lesen ...