GXY 0.00% $5.28 galaxy resources limited

I don't think POSCO or Livent will be the likely buyers of a...

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    I don't think POSCO or Livent will be the likely buyers of a small stake in the project at the extraction stages. I believe an early selldown will go to the likely offtaker. Just look at the CATL deal with PLS as an example of what is possible. I think it will be a smaller stake and tied to a long term supply agreement. Perhaps a Ford, Tesla, SK Innovation, VW, Toshiba, Panasonic, Hyundi etc.
    A more encompassing JV/ partnership arrangement for SDV (future stages) will come in the downstream opportunities - i.e. the conversion from 98% carbonate product to 99.5% BG product. That could be a POSCO or Livent opportunity??
    Just my thoughts.
 
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