Hi thank you for your synopsis.
General Lithium and Ganfeng took up stage 1.
http://www.pilbaraminerals.com.au/site/PDF/7116c544-760c-4758-a395-72a987e59c31/OfftakeandFinancingSupportwithGanfengLithium
PLS back in November euphemistically indicates GLC and or Ganfeng are not taking all contracted supply by
noting “While we fully expect that turnaround to eventuate in the not too distant future, we are still seeing soft market conditions persist across the entire lithium-ion supply chain.”
http://www.pilbaraminerals.com.au/site/PDF/6a48bacd-68ae-4880-b2cd-37b73c9bb715/QuarterlyOperationalUpdate
it will be interesting to see whether Yibin takes more from stage one and what this says about Ganfeng or even GLC
Ann: New Offtake Agreement, page-227
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