https://en.wikipedia.

org/wiki/Brine_mining#Types_of_brines_used_for_mineral_extraction

https://www.rockstone-research.com/images/pdfs/MGX_TechnicalReportRapidLithiumExtractionProcess.pdf

Source Location Lithium concentration Source

Salar de Olaroz mine, Argentina
https://en.wikipedia.org/wiki/Brine_mining#Types_of_brines_used_for_mineral_extraction 690 mg/l[20] Shallow brine beneath dry lake
https://en.wikipedia.org/wiki/Brine_mining#Types_of_brines_used_for_mineral_extraction
Clayton Valley, Nevada 300 mg/l[18] Shallow brine beneath dry lake
Salton Sea, California
https://en.wikipedia.org/wiki/Brine_mining#Types_of_brines_used_for_mineral_extraction 270 mg/l[19] Geothermal brine
Utah, Paradox Basin
https://en.wikipedia.org/wiki/Brine_mining#Types_of_brines_used_for_mineral_extraction 142 mg/l Brine at depth (CC well)
Ocean
https://en.wikipedia.org/wiki/Brine_mining#Types_of_brines_used_for_mineral_extraction 0.17 mg/l Seawater

Sturgeon Lake Property (Oilfield brine) held by MGX

https://www.rockstone-research.com/images/pdfs/MGX_TechnicalReportRapidLithiumExtractionProcess.pdf ~65 mg/l Oilfield brine
https://www.rockstone-research.com/images/pdfs/MGX_TechnicalReportRapidLithiumExtractionProcess.pdf
? ~87 mg/l Heavy Oil Brine

The highest value is 690 mg/l in Salar de Olaroz mine, Argentina which is exceptional.

A 7500 bpd plant equals a 1200m3 per day plant which is equivalent to 50 m3/h plant that works 24h/day.

JL talks of costs for 1000 ppm Li clean brine of about $0.5-1/barrel.

(http://www.streetwisereports.com/article/2018/02/06/the-critical-investor-q-a-with-mgx-minerals-ceo-jared-lazerson.html).
1000 ppm Lithium is equivalent to 385 mg/l Li (=385g/m3). If you assume the lower costs of 0,5US$ per barrel you come to 3,15US$/m3 (6,3
barrel/m3*0,5 US$/barrel=3,15US$/m3).

With these figures and the parameters below, I calculate costs of ~1550 US$/ton LCE (Lithiumcarbonate) and (898/365=) 2,46 ton LCE/day.
Revenues of ~8,980,000 US$/year (898 ton LCE * 10,000 US$/ton LCE ).

Parameters Insert values

Costs for cleaning and handling brine 3,15 US$/m3
fee for cleaning brine 0,00 US$/m3
Concentration of Lithium in brine 385,0 g/m3 1000 ppm Li
3
Performance of the plant 50 m /h
Working days in one year 365 days
plant works per day …. hours (max 24h) 24 hours
Efficiency of extraction of Lithium 100 % calculated costs per ton LCE
Price of one ton LCE (~99,9%) 10.000 US$ 1.537
Conversion factor LCE to Lithium 5,3242

LCE in tons per year 898 tons