And now for the pure speculation stuff. Is one of the parties in off-take discussions Posco Holdings? They have a timeline with LG Energy Solution to agree a deal before the end of 2022. This would explain the surprisingly exact timeline of an off-take by the end of 2022 (December).
https://www.koreaherald.com/view.php?ud=20221010000086
Element 25's announcement
Ann: HPMSM Feasibility Progressing on Schedule for 2022 Delivery, page-12
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