Geezus you lot above, do some reading, do lots of reading!
he's talking about participating in or supplying raw materials to a chemical conversion plant that convert spodumene concentrate into lithium chemicals (carbonate or hydroxide) - both a much higher value product with bigger margins.
spodumene mining > spod concentrate (SC6) > lithium hydroxide > battery cells > EVs
that is roughly the chain vertically from mining to EV. Only the very big boys participate above mining, so it's a very big deal if GT1 get involved in a converter in Thunder Bay!!
Geezus you lot above, do some reading, do lots of reading!he's...
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