General Discussion Topics, page-138969

Food for thought.

A working Memorandum of Understanding (MOU) between Albemarle and Sayona could offer several virtues in terms of lithium supply and processing capacity:

1. **Resource Optimization**: Sayona's North American Lithium (NAL) operation, acquired in partnership with Piedmont Lithium Inc., is the largest source of hard rock lithium production in North America¹. An MOU with Albemarle could lead to a strategic partnership that optimizes these resources for both companies.

2. **Increased Processing Capacity**: Sayona plans to combine ore from its Authier Lithium Project with NAL to improve plant performance¹. Albemarle's expansion plans in Australia and China could complement this by increasing overall processing capacity².

3. **Financial Stability**: Albemarle's planned share issue to raise funds for growth capital expenditures, including the construction and expansion of lithium operations, indicates a strong financial base that could support joint ventures².

4. **Sustainability**: Sayona's operations are powered by hydroelectricity, aligning with global sustainability goals¹. Albemarle's investment in processing facilities could further enhance this aspect.

5. **Market Expansion**: Both companies are looking to expand their market reach. Sayona has already shipped its first spodumene concentrate to the international market¹, and Albemarle's expansion plans could lead to increased market presence².

6. **Technological Synergy**: The technological advancements and infrastructure of both companies could lead to synergies that enhance lithium production and processing capabilities.

In conclusion, an MOU between Albemarle and Sayona could be a good partnership, potentially leading to increased efficiency, market expansion, financial stability, and sustainability in the lithium supply chain.