According to this research report MPH sells at 20% discount to metal prices where as a sulfate sells at a 20% premium so that is a 40% difference.
https://www.fastmarkets.com/article/3868647/focus-nickel-battery-industry-set-to-integrate-further
This would be a huge reduction in revenues. I'm keen to see the new IRR.
Ann: Binding offtake agreement signed with LG Energy Solution, page-333
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