Guys guys guys (and gals), PLS does not need to reduce production.
315,000 tonnes of spod that was previously going to the spot market is getting redirected to the South Korean market to the POSCO JV is it not? Someone correct me if I'm wrong.
Future target state then looks like total 1,000,000 tonnes
- 315,000 to POSCO JV
- 365,000 for existing offtakes in China / maybe some spot
- 320,000 remaining (from the 1mil spod in 2025) will go to a new JV (most definitely outside of China from and some of it for Calix.
Someone pick this apart if I've missed something..
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