"NAL’s production capacity will comprise 226,000 tpa for the next four years until the commencement of downstream operations, subject to joint venture approval."
4 years is a very long time, by then Piedmont should have Tennessee progressing nicely with Tier 1 partners like LG, Ford, Tesla. The replication of a similar chemical plant within Canada is possible. The chemical equity structure may look a lot different to the old 25/75 split and that is if SQ even build one together at all!
Tennessee will give PLL first mover advantage and access to skills which will be of great benefit to Quebec and Canada's growing spodumene assets.
Exciting
PLL Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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