an ASX company is proposing with a client, CATL, (that PLS has a key investor) a facility to expand to 1.6 million tonnes per annum, thats about 4.2 times current out put by PLS, and 3 times when and if Altura ore reserves hold up. And its more than 50% of the future goal 1mtpa of SC6. And not including mid-stream offtake and downstream proposed on-site, PLS is starting to look like AJM looked like to PLS and rest of market in 2017.
Has anyone seriously asked why it takes years to progress POSCO JV? Is Calix to replace it?
Is this management hampered by mediocre mineralology over 8 zonations? devil is in the detail.
Expansion Scenarios
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