Dr Stephen Grocott, Australian Institute of Mining and Metallurgy Presentation, November 2019:
"Very attractive. 1st quartile operating costs. IRR of 19% which is very strong"
"When I left BHP and went to RIO, they said you buggers, we wanted access to that technology but we couldn't because CLQ had signed up to take that IX technology back from BHP (it was in the BHP owned South32 entity at the time)."
"CLQ has exclusivity of the technology outside of Russia. Since that IX technology was acquired we have made a number of improvements to the technology that we own the IP on"
"BHP 10 years ago were saying we want this technology and RIO wanted it to. We have been approached by many other parties asking if we would licence the technology and we said no."
"Our chairman Robert Friedland, is asking us whether we will get platinum, there is a small chance we will, but we are not sure"
"My CEO calls this a battery materials complex. Someone could come and built a plant right next to this plant"
"For a company like CLQ you look for different people. At my farewell speech at RIO, they said ahh CLQ must be offering you a great package. And I said, ahh no, I'm actually going to get less. I'm going to CLQ because I'm going to have fun."
"This is a great project. It will get built and it will get funded. The question is 'are the economic trade winds going to slow us down or not'. But, it will get built and funded. We want people who are bit adventurous. Most of the engineering team are in Perth and they will be going to the Parkes site for commissioning and ramp-up. We have a breadth of experience. This is what I like about small and medium style companies."
"CLQ have a water group, with a technical arm on the outskirts of Melbourne, the commercial arm is in Beijing. We design and sometimes build water operations, for example, the plant in the DRC or the plant in Oman. We have people that can work across those. We have a blue sky opportunity in graphene membranes."
"We have purchased high-security water rights, very clean water. Very low chloride concentrations. We have a RO plant for the boilers. We are very lucky"
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