Ann: 99.99%TGC Coated Spherical Graphite Achieved-MNS.AX, page-118

I think Magnis being involved with POSCO on the financing side is great but the real benefit is the relationships and capability this company has.

1. POSCO provides steel/metals to Tesla for their vehicles
2. POSCO gets involved with a Lithium Co. (Pure Energy Minerals)
3. Tesla signs up with that Lithium Co. (Pure Energy Minerals) for an off-take
4. POSCO gets involved with a graphite Co. (Magnis)
5. Tesla signs up with that graphite Co. (Magnis) for an off-take
6. POSCO also signs up with that graphite Co. (Magnis) for an off-take
7. POSCO finalises financing for Magnis
8. Magnis awards POSCO the construction of the mine/processing plant

Steps 1-4 have already occurred and 5-8 should kick off soon.

All imo