Strategic Partner Process
With the receipt of the EIA regulatory approval providing significant de-risking for a potential
strategic group to become involved in realising the development of the next 10,000tpa stage
of our Rincon Project, the Company is expediting the strategic partner process targeting to
secure funding via prepayment (or similar) investment associated with long-term off-take
arrangements for the 10,000tpa expansion operation from a tier-1 counterparty in the EV
supply chain.
The Company engaged an international investment bank to accelerate this work with the
aim of determining the preferred group and finance structure. Various groups have
conducted due diligence including site visits, with the process progressing positively to date.
Li-related News/Articles/Reports, page-7708
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