As per the Revised deal of the 1st of August :
"Albemarle will pay US$820 million in cash at closing and transfer a 40% interest in the first two 25 ktpa lithium hydroxide conversion units currently being built by Albemarle in Kemerton, near Bunbury in Western Australia (Kemerton Modules)."
In short we get 20 ktpa equivalent of conversion.
40% stake in the first 2 x 25 ktpa conversion units.
To get 50ktpa of conversion for 700m$ aud would have been the deal of the century as it should bring close to 200m$ in EBITDA at current prices.
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- Ann: Revised arrangements with Albemarle for Wodgina Lithium
Ann: Revised arrangements with Albemarle for Wodgina Lithium, page-223
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