“The loan will be used to fund the construction of KORE’s...

“The loan will be used to fund the construction of KORE’s advanced battery cell manufacturing facility in Buckeye, Arizona‎. The KOREPlex, a 1,330,000-square-foot facility, will house multiple production ‎lines to manufacture batteries for electric vehicles (EV) and energy storage systems in the United States. The KOREPlex will produce cells using two chemistries: nickel manganese cobalt (NMC) and lithium-ion iron phosphate (LFP).”

https://batteriesnews.com/kore-power-receives-conditional-commitment-850-million-us-department-energys-loan-programs-office-for-the-koreplex-advanced-battery-manufacturing-facility/

This company will be in production as soon as the end of next year.

It will require both lithium hydroxide and lithium carbonate for the batteries it will produce.

Sayona should be producing carbonate at about the time they will be needing it, hydroxide later down the track.

There’s and Sayona’s timelines are similar which is a plus.

What else they have in common is a link with Novonix.

https://korepower.com/media/novonix-closes-investment-and-supply-agreement-with-kore-power

https://themarketherald.com.au/sayona-mining-asxsya-reaffirms-authier-lithium-quality-through-novonix-asxnvx-testing-2022-04-04/

The more North American battery and ev producers we see the better it will be for NA lithium concentrate and chemical producers.