Ann: Corporate Update - Noosa Mining Conference, page-51

Hello @3steps. Further to our Sunday night conversation, after the surprise of finding our Corporate Update photo on Haldor Topsoe's website, I forgot that you found this same image used by DuPont. Searching for a possible connection between the two companies, a press release from only 17 hours ago came up offering a new industry report. It looks interesting, but requires purchase:

Sulfuric Acid Catalyst Market Growth, Trends, Size and Forecast Data and COVID-19 Impacts (2021 – 2027) | Haldor Topsoe, BASF, DuPont, Han Billion Metals and Chemicals

https://theuk.directory/sulfuric-acid-catalyst-market-growth-trends-size-and-forecast-data-and-covid-19-impacts-2021-2027-haldor-topsoe-basf-dupont-han-billion-metals-and-chemicals/

Until seeing the report above, I have viewed our management's references to "emission savings relating to use of caesium and rubidium compounds" through the narrow lens of providing a benefit to our own processes. Obviously, however, if a caesium-based catalyst reduces the emissions and increases the productivity of our plant, it will do so for other plants as well. Of course this is why BASF, Haldor Topsoe, DuPont, et al. manufacture these SO₂ catalysts.

This has probably been completely obvious to others here, especially to those who are technically minded or involved in the manufacturing industry, but with Cop26 behind us and a green future ahead, I imagine the industry is anticipating growth, thus BASF building a new global Catalyst Development centre.

The caption attached to the photo which is identical to ours on Haldor Topsoe's website offers "caesium-promoted" options, the following information and an interesting 2 minute video. "VK38+ comes in Topsoe's unique daisy shape and can be used in all SO2 converter beds."






https://info.topsoe.com/vk38plus

I agree with your reference to our company's "commitment to catalyst quality" @3steps. Newer shareholders will have read of Lepidico's high-value caesium and rubidium by-products in our quarterly reports and recent emissions announcements, but perhaps not those from years ago.

Amongst others, for example, on 30 August 2018, we were informed that "Caesium and rubidium have successfully been concentrated into two separate products," explaining caesium brine's use by oil companies. It is also mentioned that "Lepidico is pursuing commercial alternatives in relation to a caesium brine by-product sourced from lepidolite."

LPD management have been playing the long game.