Toll Manufacturing
Meaning
Toll Manufacturing or Toll Processing is a process in which a company provides raw materials or semi-finished goods to a third-party servicing company. The third-party company is responsible for processing the inputs into finished goods. It may also be responsible for packaging and even shipping the final product. Toll manufacturing is done to make use of specialized equipment with the manufacturing company, or specialized knowledge of technicalities of the manufacturing process or maybe specialized labor of the producer. The manufacturer gets a fee for its services, which is usually pre-decided. In simple terms, toll manufacturing is the outsourcing of production.
This would get AVZ producing Lithium Hydroxide as soon as the Primary Lithium Sulphate(PLS) is produced in Manono (Q4 2023), by-passing the need to build an JV LiOH plant in EU / India / USA etc... ($600m + years away)
Sounds even better to me
and... the Primary Lithium Sulphate(PLS) Stage 2 will have another site for the additional 20kt/a production... no doubt close to Manono?