I think they wanted to prove they could make the precursor. They have in the laboratory so now they will most probably move onto the pilot plant.
They need supplies of nickel, cobalt, manganese, power(hydro) and i am not sure what else. They also need partners for each train and hopefully Ecopro will be up front as their premier partner.
I guess a lot will be disclosed on Monday.
It should be a very interesting day.
Ann: Quarterly Cashflow Report - 30 June 2021, page-18
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