Ann: Africa Down Under Presentation, page-17

Exploration JV in Aus initially. That will be a significant sovereign risk reduction.
The previous presentation showed a number of countries. something has been decided since monday

Cooperation agreement creates growth channels
1 Stage 2 Capacity increase to 500 ktpa, 1.0 Mtpa in total1
2 Study & possibly enter into a joint conversion business
3 Stage 2 offtake renegotiated – Leo controls 150 ktpa
4 Tolling arrangement for Leo’s share of Stage 2 offtake
5 Exploration JV in Australia initially
The agreement cements Leo’s very solid relationship with Ganfeng,
China’s largest lithium producer