iGO Tianqi, page-300

So someone who knows a heap more than me and who also remembers the important stuff just reminded me that IGO can investigate GLX platforms all it likes (as per the above story).
But it is a case of look, but don’t touch.

Because IGO is a silent partner/minor shareholder in the ALB/Tianqi controlled Greenbushes operation and because 100% of product already has offtakers. (Ie it is bought by another subsidiary of the ALB/Tianqi controlled operation) .

Head controller of all things Greenbushes; Windfield Holdings has obviously has been diverting some of Tianqi (and IGO’s) share of that offtake back to Tianqi to convert at Kwinana (where battery quality hydroxide is expected next month ) but IGO has absolutely no say in the matter of marketing through PLS’s BMX or any other GLX platform.
cheers

I don’t know how this will work as more and more spodumene gets channelled to Kwinana for converting but apparently, for now at least, them’s the breaks?

cheers