General Discussion, page-320

Looking at PLS and considering it is the 3rd largest producer in the world its forward moving plans are worthwhile studying. It has future intentions to use more renewable power and involve natural gas transition in its plans to reduce costs in the Pilbara.

Its joint venture with POSCO to develop a 43 thousand tonne Lithium hydroxide plant in South Korea with an 18% stake and to eventually possibly increase that to a 30% stake, shows that it will become a vertically integrated business, moving forward, increasing its market capitalisation considerably along the way I would think.

A forward thinking company like PLS has good management, and if it is to increase its stake in such a large lithium hydroxide factory, then surely the possible waste factor and pollution possibly involving Sodium Sulphate would have come under consideration. Yet LPD has the answer to this problem with its bolt on system to an existing or newly constructed spodumene factory, LOH MAX can negate the waste problem created by NASO4.,
LOH MAX is supposed to save up to $50million US in a 20 thousand tonne factory, in a 43 thousand tonne factory that is north of US$100 million.
What would it be worth to POSCO and PLS to implement this technology, perhaps something like a royalty payment on the tonnes of Lithium hydroxide produced. It gets us indirectly into a form of production and springboards us into other possible negotiations. Maybe this would be the way to start and generate income and attract finance.