Kidman also experienced a high level of interest from various parties seeking lithium hydroxide offtake during the period. This not only validated the quality and scale of Earl Grey, but also Kidman’s strategy of being the only ASX-listed manufacturer of refined battery-grade lithium. Following excellent progress in the March quarter, an announcement with respect to the location of the proposed refinery site is expected in the June quarter. This announcement will further highlight both Kidman’s and SQM’s commitment to rapidly progressing the JV.
KDR Price at posting:
$1.95 Sentiment: Buy Disclosure: Held
