Ann: EUR signs binding term sheet with Obeikan hydroxide plant, page-70

1 of 4. What B was talking about FTA and economic zones, B was alluding to important events happened on Saturday:

https://www.arabnews.com/
node/2315641/amp

Lucky it became published news for evidence so B is not seen as “bs-marketing”. B was looking to share information but hesitant now moving forward.

2 of 4.There is also information about Koralmbahn and Trieste where the ore will be sent for shipping but I can’t find a link to use sorry.

3 of 4. B is withholding that hydroxide plant, Saudi Arabian parties are fully funding $400m capex because the other half of that investment is provided using the raw materials from Wolfsberg: 70,000 at lowest offtake price of $3k, or what it is in the future. No link to reference but it makes enough sense. It is a partnership at geoeconomic and geopolitical level. B wants shareholders to be aware and to ask at AGM. B wants the company itself to provide more details of the JVco and government involvement in projects but it takes time.

4 of 4. B has been step by step divesting away from China. B wants to move away from China supply chain completely as quickly as possible. B doesn’t say why. Maybe same reason as everyone else:

https://www.wsj.com/
articles/vw-is-on-a-hunt-for-resources-to-remove-china-from-its-ev-batteries-663ee99

B orders, after this no more sharing information for a while. And sorry