Thanks to those who summarised the webinar, I attended as well and it was really informative and can't wait to watch the replay when available.
Did I hear correctly the part about Tony saying that BMW are flexible with the hydroxide product and if they don't require it at any time, we can can sell it to someone else?
BMW have an alliance with Saudi EV startup company Ceer, so having a hydroxide plant there makes more sense now, securing supply for their local manufacturing. Tony also stated the Saudis have a war chest of US$51 bullion for green energy purposes, so I imagine they could easily afford the full chain of battery manufacturing and splashing US$400 million on a deal with EUR/CRML to secure ore and build a chemical plant together at 50% ownership is good business for them.
So in effect there would be savings on the shipping cost of hydroxide back to Europe, equals even better financials.
Just my thoughts, I need to watch it again.
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