Nice update .
I like the bit about the quality being so good as to give Altura spodumene a ‘point of difference ’ in the market .
....And we know Ganfeng was one of the high profile entities visited in the recent trip to China ...
The top tier companies love the Altura SC6
And the subtext really does seem to be along the lines of ... ‘build a better mousetrap and the funding will come!’
Congratulations on setting things up so well at the plant, Altura...and for the canny marketing, and for supporting the company with executive funds when the going got rough....and all the rest ...(like using the best contractor!)
Here’s the bits from the announcement specifically relating to the very desirable nature of Altura spodumene;
- “China marketing visit provided further positive feedback on the quality and long-term demand for Altura Lithium concentrate
........A recent marketing trip to China has reinforced consistent positive feedback from clients with regard to the quality and consistency of the product which is making a point of differentiation in the market.....
...As noted above, Altura continues to receive positive feedback from its offtake customers regarding product quality. Altura is also continuing to negotiate future offtake arrangements with a range of high- profile potential offtake partners.
.....Altura Managing Director James Brown said the stable production from operations and quality of concentrate being produced had enabled continued sales and growth to downstream lithium converters and lithium chemical end-users despite some short-term market weakness.
“I’m delighted that Altura has now established itself as a supplier of choice.
The recent offtake and investment transactions completed by the Company are a result of building relationships over time and confidence in our concentrate quality.
It is also pleasing that our offtake partners are gaining confidence in our ability to deliver a low and sustainable operating cost structure, which is imperative to long term supply stability.”
“We are under no illusion that the market has become tighter however we will continue to deliver a consistent, high-quality product to our customers. The long-term fundamentals of our business have not changed as we navigate through the short-term market challenges.”
