The terms of the Agreement including volume, pricing and term will assist Syrah in finalising its investment decision in relation to Vidalia. Syrah plans to make a final investment decision for construction of this expanded facility in January 2022, subject to financing commitments.
This is the key part of this offtake, it allows final invesment decision and financing of the project.
I dont really care if SYR are selling their 8k AAM at cost for Tesla. It derisks their AAM production and allows them to get the ball rolling.
Ann: Additional Information Tesla Offtake Agreement, page-52
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| Open | High | Low | Value | Volume |
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