But it shipped less than half the 58,100 tonnes it managed in the first quarter. Only 27,700 tonnes of concentrate were sent to customers after weather delays pushed a third shipment for the period into the next quarter.
Unit operating costs decreased by 2% from the previous quarter to $995 per tonne – still far above the realized selling price of $604. That price was down 11% from the previous quarter.
Overall revenues were also down 58% to A$25 million, impacted by both the delayed shipment and the slide in prices.
A new crushed ore dome with a capacity of 6,000 tonnes is expected to further boost production levels and utilization rates, especially during the winter.
The operation began shipping spodumene concentrate in August 2023. However, the largest spodumene mine in North America contended with a dramatic 80% drop in lithium prices last year.
Sayona also holds the advanced-stage Moblan project nearby.
