Lithpro has a lithium mine with 36.6 Mt (megatons) of reserves. They use the units- of-production depletion

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Lithpro has a lithium mine with 36.6 Mt (megatons) of reserves. They use the units- of-production depletion method. The mine cost $150 million and has an estimated residual value of $4 million. What is the depreciable cost per Mt of lithium?

Posted Date: Dec 12, 2021 01:52 PM

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Lithpro has a lithium mine with 36.6 Mt (megatons) of reserves. They use the units- of-production depletion

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Griven weight of lithium mine 366 Mt cost basis of assets 15... View the full answer

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