Originally posted by sowens:
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These lithium prices should lift all lithium stocks. LKE could rise further on a successful environmental impact assessment which is now due mid year (yes a delay from the previous first half of year) Another bit of news will be around the power solution. Worst case is a 300 km power line to the grid. This will be expensive but it all depends on Kachi's economics as I have pointed out before 300 km of wire is not out of the question for a mining project in Australia. Honestly the price drop of solar panels and batteries at some point must make onsite generation a goer at some stage. Kachi is in the Punta region which is one of the worlds most favourable areas for solar energy. The last time lithium was selling for todays price LKE was selling for around 20 cents.
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Dicko did indicate that LKE were taking another look at other power options given that they weren’t making headway with grid power.
Post #:83520312
How many solar panels and batteries would they need to feed the power hungry Kachi beast for 24/7 operation?
What land area would that take up and what other impacts would there be?
Would they need to update the EIA approval reconsidering the changes needed ? How long would that take?