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Assuming this is the main cost, at $5,000/ton it's not so far from existing extraction methods: > Most of the world’s lithium comes from brine deposits in Sout
by ramchip 5y ago
Assuming this is the main cost, at $5,000/ton it's not so far from existing extraction methods:
> Most of the world’s lithium comes from brine deposits in South America, although companies like Talison also operate hard rock mines in Australia. The cost of extracting a ton from a brine site costs around $2,000 says Paes-Braga while mined ton of lithium costs closer to $4,000. (These are operational costs that do not include capital.)
Of course for those the main expense isn't electricity but labor, etc.
https://www.forbes.com/sites/michaelkanellos/2016/08/29/is-there-money-to-be-made-in-lithium-mining/ https://www.forbes.com/sites/michaelkanellos/2016/08/29/is-t...