Recent acquisition of the adjacent tenements, as well as to meet Ganfeng's self-sufficient target (from 40% to 70% or from current 40ktpa to ~200ktpa LCE by 2025), the further expansion on the stage 2 production is very likely, as Simon also mentioned. If increasing the stage 2 production to 1mtpa, then LLL would have uncontracted ~250ktpa spodumene concentrates for potential suitors, 250ktpa SC6, is very big as CXO's annual production is just around 160ktpa.
ALL IMO.
Ann: Quarterly Report for the quarter ended 31 March 2023, page-37
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