The LAD technology, if they can prove it at scale, could have industry wide implications. The drastic simplification of the process including removing the complicated staged separation process and removing much of the tailings (and subsequently tailings concerns) could take some of the downstream control off the Chinese. It actually wouldn't surprise me, if the technology starts looking to be proved, that deep pockets come in and start lobbing bids in order to lock up the technology. Saxon has come across from Medallion to push this through its great to see technology I've been following for a while get a chance.
A canary in the coal mine to watch in this space. I'm sure ILU have a very close on eye on their progress.
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