3 ms·
You inverted the mass ratio of Li-mass to compound-mass in the calculation. price Li per ton from LiOH: 23.95 [mass of LiOH] / 6.941 [mass of Li] * $14000
by harshreality 10y ago
You inverted the mass ratio of Li-mass to compound-mass in the calculation.
price Li per ton from LiOH:
23.95 [mass of LiOH] / 6.941 [mass of Li] * $14000 [$/ton of LiOH]
$48,310/ton [of Li]
price of Li per ton from Li2CO3
73.89 [mass of Li2CO3] / (2*6.941) [mass of Li] * $10000 [$/ton of Li2CO3]
$53,230/ton [of Li]
- dkbrk 10y agoDamn, you're right. Thanks for pointing that out. Unfortunately, I don't seem to be able to edit my earlier post. That changes some of the numbers substantially. Cost of lithium salts at 2015 prices to sustain full Gigafactory production becomes about $USD 340 million/year, rather than the $USD 20 million/year I initially calculated. The figures about volume of supply, demand and reserves, stand. Sometimes I think it would be worth putting in "dummy parameter" units to stop mistakes like this from happening with dimensionless ratios. Anyway, thanks again for pointing that out.