Recent acquisition of the adjacent tenements, as well as to meet Ganfeng's self-sufficient target (from 40% to 70% or from current 40ktpa to ~200ktpa LCE by 2025), the further expansion on the stage 2 production is very likely, as Simon also mentioned. If increasing the stage 2 production to 1mtpa, then LLL would have uncontracted ~250ktpa spodumene concentrates for potential suitors, 250ktpa SC6, is very big as CXO's annual production is just around 160ktpa.
ALL IMO.
Recent acquisition of the adjacent tenements, as well as to meet...
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