i really hope the next offtake is with a EU counterparty. the south koreans have proven useless so far, maybe ASM didn't have the right team/networks to sell into the asian markets and i suspect they were forced into setting up the first plant in SK (because the technology was developed there by a korean), but it will end up being a geopolitical competition between western nations to secure critical minerals supply from a limited number of non-chinese suppliers. still a long way to go for this company, but things are looking much better than 6 months ago.
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