availability of talent (both within Alcoa and new hires). Fortress WA & Australia is making it difficult to hire good new talent in Australia.
location of potential customers. Aside from downstream opportunities the customers are not located in Australia. If they're in Asia then Australia could work otherwise the US would work better for US/European customers
feedstock chosen. I think this is less of an issue for the demo plant than the full production plant but you still need to transport roughly 6 tonnes (from memory it's a 6:1 ratio) of feedstock for the demo plant
tax planning
I don't think the signing entity will matter much. The project had to be signed with AoA due to the existing JV agreement between AA and AWC.
FYI Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
