Ann: Agreement Signed with Sayona for Pilbara Lithium Assets, page-73

Don't be naive to think China market is the only market AJM need to supply. For short-term that may be ok. You must be naive not to recognize the sensitive political and regulatory environment in China. AJM need multiple markets like Japan, South Korea and Europe as a mix to minimise sole-market risks. Currently China made threat to India government that India companies exporting to China will pay the price if Huwei 5G was rejected by India government for national security. I just don't want ajm to go that path. So going forward the diversified markets are the way to go.