What explaining does he have to do? It is pretty plain English. From 2025 they will have Carbonate set up, therefore NAL feeds priority to the new plant as per the offtake agreement. At what price does it feed the plant? - Market prices. Yes of course since they are selling to themselves the profit will cancel out with the cost on the carbonate balance sheet but this is just how they have decided to structure their projects.
Ann: Sayona & Piedmont Formally Approve NAL Restart, page-178
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