General Discussion AGY, page-23312

The Company now has approval to develop and produce up to a capacity of 12,000tpa oflithium carbonate product at our Rincon Project.The Company will further focus and promptly advance its pre-development engineeringworks currently being conducted for the 10,000tpa operation expansion in preparation forFID (financial investment decision).The Company will also expedite the strategic partner process to secure funding viaprepayment (or similar) investment associated with long-term off-take arrangements from atier-1 counterparty in the EV supply chain.

The Company’s key strategic considerations to finalising constructive arrangements for theformal agreements are realising mutual alignment and long-term sustainability for thestrategic benefit of the parties, with targeted timing to meet the completion and readinessof all detailed engineering works and EPCM contractor award. As per https://ausenco.com/