The on-site demo plant will produce 2.5t lithium carbonate within “3 or 4 months” for battery qualification later this year (LKE Ann 03 MAR 2022).
I would assume offtake agreements will require on-site demo plant validation of the product as a pre-condition for any binding agreement.
Just my opinion of course…and I’m usually wrong.
DYOR
Ann: Lake signs Non Binding MoU with Hanwa Co, Ltd of Japan, page-104
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