Keliber updated DFS: Lithium hydroxide production significantly improves profitability
Keliber Oy’s Definitive Feasibility Study (“DFS”) for the lithium hydroxide production shows a significant improvement in profitability compared to previous assessments. The updated DFS shows a pre-tax NPV (8% discount rate) of EUR 510m, pre-tax IRR of 28% and a payback period of 3.7 years.Keliber Oy (“Keliber”) published the DFS for the Lithium Project (“the Project”) during summer 2018 based on the production of battery-grade lithium carbonate. However, Keliber estimated that lithium demand, especially from the cathode chemical, lithium-ion battery and electric vehicle manufacturers in