HPA from Kaolin in WA Massively undervalued...potential multi bagger!, page-166

The difference is very easy. The Quality of the kaolin of FYI is much better. FYI do not need so much effort and process equipment then ATC to get 4N material. In addition sending the kaolin to Malaysia it causes 13 percent of the opex just for transport. Another example purity after leaching FYI 97 percent ATC 80 percent. FYI can do the most process steps with atmospharic pressure and lower temperatures. Conclusion that shows the difference. In my opinion ATC will never be able to deliver the 4N quality in the proposed volume due to pollution in the material.