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[Dwayne Sparkes @sparkes_dwayne]

Ever wondered why some lithium hard rock companies are producing SC6 and others a product containing less lithium (SC5.5, etc.)? Here's why whilst I sip my morning coffee (the crema is amazing today).

$PLS - SC5.5
$AKE - SC5.3
$MIN - SC6.0

First, understand that there are specifications set by converters that spodumene hard rock producers need to meet depending on how their product is graded.

There are two main grades of spodumene concentrate:
1.) Chemical
2.) Technical

A lot of people don't realise this but technical grade concentrate is more strict than chemical. Funnily enough, technical grade is used in glass and ceramics, and chemical is used for battery applications.

I believe the current specifications (what is preferred by converters) for each grade are as follows:

Chemical - (<0.8% Fe2O3, SC5.0-SC6.0)
Technical - (0.15% to 0.5% Fe2O3, >SC6.5)

Fe2O3 is iron oxide
Li2O is lithium oxide

It really is a balancing act between the recovery rates and meeting the above specifications. You could produce SC6 but if your waste content (iron, mica, etc.) is high, your recoveries are going to fall through the floor.

Example: Say you've got a deposit that's li2O is 1.0%, 1.2% Fe2O3, a recovery rate of 75%. If you want to get SC6 and meet the specifications, you're going to need 8 tonnes of ore and you're going to have to deal with 9.6% Fe2O3!! An expensive process.

Compare that with a company that has 1.5% li2O, 0.6% Fe2O3 and a recovery rate of 75%. They need 5.3 tonnes of ore to achieve SC6 and only have to deal with 3.2% Fe2O3...

So companies will produce a product that gives them the most volume whilst still meeting the specifications. I should add that converters can still accept ore outside of these specs, but the high iron content will produce "clinkers" when they roast the spod at 1080degrees (a step in converting to hydroxide) which are difficult and costly to remove.

Summary: Waste content (iron, mica, etc.) is extremely important for lithium miners! Make sure you study the met work before investing. No two deposits are equal. Thanks for reading!

[Joe Lowry @globallithium]

Recession, inflation &amp; the impacts of China’s botched Covid strategy will all, to some extent, impact #EV sales &amp; #lithium short term; however the long term trend for EVs &amp; lithium remains. DYOR - the electrification transition is currently on sale. https://t.co/9K74kGJFU2

[Jason @JasonInAU]

🇺🇲 U.S. military weighs funding mining projects in Canada 🇨🇦

The Canadian officials say they've already provided the U.S. with a list of 70 projects that could warrant U.S. funding

@SayonaMining $SYA $SYAXF
#Lithium #EV #Moblan #NAL

Article: https://t.co/45sNMKcmcX

[Roman @Roman_Trading]

In the next 1-2 years you will be presented with one of the largest opportunities of life changing gains the world has ever seen.

How you strategize around it will impact your life forever.

Start preparing yourself now.

#bitcoin #stocks #cryptocurrency

[Muthukrishnan Dhandapani @dmuthuk]

"The seller of a $100,000 house in Omaha will never sell for $50,000. But if 100 entities each owned 1% of a basket of homes in Omaha, the price could be anywhere."

- Warren Buffett

[APKJM @APKJM]

Last time the #Fed raised 75 basis points with 6 follow up raises was way back in 1994. Guess who was fed chair back then, guess who keeped the #USA out of a recession with a soft landing. Market went on to smash all time highs. Who knows, just interesting.

X marks the spot 👇

[Resources Rising Stars @RR_Stars]

#Liontown $LTR MD Tony Ottaviano hoses down Goldmans and Credit Suisse reports on lithium price outlook.

[MinerDeck @MinerDeck]

🇦🇺 Top $gold intercepts for the year 2021 #ASX

[Ian Cassel @iancassel]

The opportunity in small stocks (microcaps) exists because institutions can’t own them until they go up. It is the savvy retail investor’s duty to find them and collect the reward for doing so.

[Elon Musk @elonmusk]

Should be taught to all at a young age

[Discover Crypto | AI Investing @DiscoverCrypto]

Gm 🌞

Which #crypto should I be keeping a close eye on this morning? 🤔

[Assad Tannous @AsennaWealth]

Risk off in this tape for 6 wks now &amp; riskiest asset classes are heading the charge, growth stocks &amp; Crypto. How they react to a hawkish FOMC is going to be a HUGE tell, you'd think it's pretty much discounted so if we dont get some kind of bounce that weakness is here to stay.

[Stan @StanH2443]

$AVZ breakout #asx