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Ann: PFS Presentation, page-19

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    Kachi– Production
    25,000tpa LCE; Capex ~US$400 -550m .
    Potential to expand to 100,000tpa LCE.

    Phased expansion from 10,000tpa LCE - Capex ~US$100-140m

    Ebitda annual - US$155m , assume conservative
    US$11,000/t lithium carbonate CIF future price

    Targeting lower up front start up costs with Solar for energy and Capital cost reductions.

    Payback conservative 3 to 4 years.
 
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