Ann: Strategic Investment from Sichuan Hebang Biotechnology, page-189

2c and the rest.

I think everyone is missing the importance of hebang.

wonarah will produce yellow phosphorus which can then be used to produce purified phosphoric acid.

basically the only country at the moment who is making this on a commercial scale is China.

anyone who thinks you can just lob up and make thermal phosphoric acid is incorrect.

this partnership puts wonarah in a strategic position being the only current Australian phosphate project that can create a value added product such as PPA

put that into the aleees LFP plant which again is a strategic partnership that puts Avenira way ahead of any western lfp cathode project and the next 12-18 months are incredibly bright

wouldn’t surprise me to see an offtake agreement or two for the LFP plant by the end of the year with some large players.

its really lining up well.

oh did a mention a market cup of $30m it could easily be 10 or 20x that