I've been thinking about the significance of the MoU with Mitsui and what they bring to the table.
In the limiting factor interview Jordan asks this exact question.
MT notes that they were an early investor in the Australian iron industry and have stayed invested for over 70 years (BHP, Rio Tinto). They're now looking to do the same thing with the battery supply chain and I think it is very telling that they want to be an early partner/investor in the Talga project (it's going to be massive).
MT also says they are representing someone that Talga have been working with and they're "not alone in the room". He also says their customers are brands that you know and love.
I think Mitsui are going to invest in the project for the long term and they also have their customer/customers, who Talga have already been working with, lined up for offtake agreements.
Who do we think this is? Nissan? Toyota?
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