Goulamina, page-77

Here's another coincidence

Ganfeng also own ~6% of PLS, who are partnering with Calix to develop a process using fine particle spodumene as feed to produce concentrated lithium salts. A process like this would also be fantastic for Goulamina to reduce transport costs further (AISC already in lowest quartile globally)

PLS have ~$110M on hand, and recently restructured their debt to reduce the interest on their remaining $36M which payment has been deferred to Sep 2022. This frees up their cash flow which is expected to go into restarting Ngungaju (Altura) and there is potential to increase their existing finance facility. In their recent Investor Strategy forum Ken talked on Europe as a growth opportunity. We know CATL have a battery plant in Germany (also customers and 7.2% shareholder of PLS). Goulamina with low cost transport out of Mali to Europe could present a great JV opportunity for PLS/Ganfeng

Obviously this is all speculation and joining some of these dots is a stretch but the Docs did say the industry was small


http://www.pilbaraminerals.com.au/site/PDF/00473bb6-1fe2-45a4-8704-1d82215a0c6c/CorporatePresentationInvestorStrategyandOutlookForum
http://www.pilbaraminerals.com.au/site/PDF/a3e31c6d-fb8b-4492-a841-2b74e2400818/MidstreamScopingStudywithCalix
http://www.pilbaraminerals.com.au/site/investors-media/top-20-shareholders