Finally, yes that is very good news Split that they have been able to reach agreement and keep the plant in Canada.
I've also thought for a while there could be an obvious correlation between this and the delay with our offtake. Windsor is across the water from Detroit, so can ship directly there from Trois Rivieres or Port of Quebec which is clearly beneficial. LGES based in Korea would account for the Korea trip, along with the recent Canadian Gov trade delegation there. It could well be a case as many of us here have been saying, that SYA have not announced an offtake yet through no fault of their own, there are very large players involved as many keep saying in very large and very complex government related negotiations.
We could ship spod to LG with the PLL portion also, then once the downstream is up and running, so will the plant in Windsor, at which point the refined product is shipped straight there. It does make a lot of sense really, and the issue with Stellantis and the Canadian Government since the VW subsidy would explain the delay to our offtake.
As said before, so much going on currently in Canada and we are obviously slap bang in the middle of it and have just declared to the world be have produced 30kt of spod. We are the only producer in Canada. There is no issue of us not having a customer for the doubters out there.
https://www.reuters.com/business/autos-transportation/stellantis-says-resume-battery-plant-construction-canada-after-reaching-deal-2023-07-05/
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