Ann: Half Year Accounts 31 December 2024, page-138

Furthermore, one of the challenging issues for lithium extraction is a high degree of variability in the chemical make-up of source material, with iron being one of the most challenging contaminants the DLE industry encounters. After experiencing iron contamination during operations, we flushed our material, and again, laboratory testing confirmed no loss of integrity or productive capacity of our proprietary absorbent material. The durability of our proprietary absorbent material clears a critical hurdle for the successful long-term development of the DLE industry. These results underscore our leadership in overcoming scalability challenges confounding our competitors.

https://internationalbatterymetals2023tf.q4web.com/news/news-details/2024/IBAT-Investor-Update-December-30-2024--Year-in-Review-and-2025-Outlook/default.aspx

This is what puts ASN at an advantage and make KOCH want to do a deal with us, imho