GM has locked in the supply, what’s in it for them to spend more? No else can access the offtake.
It will be extremely good for the rest of the industry if they do step up and supply more funds.
They have all the negotiating power now. Interesting times ahead.
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- GM, LG and POSCO should be providing debt facilities to cover the CAPEX for Phase 1 and 2
GM, LG and POSCO should be providing debt facilities to cover the CAPEX for Phase 1 and 2, page-3
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