I think PLS is preparing for the future on this one.
They have created an agreement when prices a re weak that will allow them to fully benefit of better prices in a few years when the market will be tighter.
furthermore they will already have the agreements to occupy the space so to me it is a very forward looking agreement and an excellent long term strategy
Ann: Pilbara Minerals Expands Ganfeng Offtake Agreement, page-65
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