I am thinking RCF has a much bigger plan in mind.
It probably is centred on the lithium hydroxide plant in Saudi Arabia.
It will eventually be requiring 990,000 tpy of spodumene.
“EV Metals Group plc (EVM), a global battery chemicals and technology company, has announced the signing of a strategic partnership agreement with RCF Management L.L.C, the manager of Resource Capital Funds (RCF), a leading private equity firm specialising in the global mining and minerals sector.”
https://www.globalminingreview.com/mining/20082024/ev-metals-partners-with-resource-capital-funds-on-lithium-chemicals-plant-project/
https://www.evmetalsgroup.com/lithium-chemicals-plant-new/
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