Hi All,
i read through the announcement in detail and want to seek clarification on the below.
Offtake rights:
– Ganfeng to have offtake rights to 350,000 tonnes per annum for life of mine; and
– Leo Lithium to have offtake rights to 150,000 tonnes per annum for life of mine.
Does this mean that Gangfeng get to take over 70% of Stage 2 capacity and not pay for it?
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- Ann: Leo Lithium Secures A$106m Strategic Placement with Ganfeng
Ann: Leo Lithium Secures A$106m Strategic Placement with Ganfeng, page-124
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