My key takeaways from the annual report.
a) Advanced site selection and engineering for greenfield site in south-eastern USA. Plans based on 30,000 tpa which can be expanded to 75,000 tpa. (I’m assuming this will be the basis for any DOE loan approval)
b) PowerCo future collaboration has a focus on PowerCo’s facility in Canada.
c) Additional funding will be required within next 12 months, from either customers, government and/or investors.
d) Cathode pilot line testing with various chemistry and additional equipment added to the pilot line and also the lab to better understand the potential performance.
Ann: Half Yearly Report and Accounts, page-4
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