Western off-take with Tesla 'in the bag' for Kidman with POSCO backing Pilbara Minerals in 240ktpa Li conc. deal. Guess underlines how financially sensible these projects are. POSCO also purchased some of Galaxy's SA brine tenements yesterday for $280M, same as capex for Nachu. Both interesting in view of that organisation's push into manufacturing NCM811 cathode materials. Recall Magnis had hopes for relations with both companies, now ur attempting to compete with them and partners.
$3M feasibility study needed to determine if that's financially sensible for Townsville(pop 190k)...
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