Smackover Lithium Announces Results Of Preliminary Economic Assessment For Its Franklin Project; Sees Unlevered After-Tax NPV Of $5B And IRR Of 24%
Up to 70,000 tonnes per year of battery-quality lithium carbonate productionCapital intensity of $49.9k per tonne with average annual cash operating cost of $4,226 per tonneUpgraded and upsized Mineral Resource with
Smackover Lithium did math on a big project and thinks it could make lots of money from lithium (stuff in phone batteries). When you see a company share good early plans, watch if they can actually build it and if lithium prices stay strong—those things matter most.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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