KoBold Makes Offer for Congo Lithium as Country Courts US, page-2666

Yes THANKS for your HEARSAY but i need facts...!...

Maybe the agreement between the Chinese and CATH is more complicated that one thinks...!..

Offtake and marketing arrangements
AVZ shareholders will recall that on 29 March 2021, Dathcom, AVZI and Yibin Tianyi Lithium Industry
Co., Limited (a company incorporated pursuant to the laws of China) (Yibin Tianyi) entered into an
offtake agreement (YT Offtake Agreement). AVZ shareholders will also recall that the original TIA
contemplated several variations to the YT Offtake Agreement, including (among other variations) that
the agreement be assigned to CATH and expanded in scope so that it provides for the offtake of SC6
for the life of the Manono Project.4
The YT Offtake Agreement will be further revised to provide that, until the later of 5 years and
repayment of any funding of AVZ's expenditure obligations facilitated by CATH, CATH will be entitled
to purchase up to 100% of the offtake produced and thereafter a reduced rate equal to its and each
non-AVZ JV participant's economic interest in the Manono Project.
Downstream processing arrangement


AVZI will be granted an option to purchase up to 49% of CATH's interest in a lithium hydroxide or
carbonate conversion plant (LHC Plant) to be built by CATH.
Release of break fee arrangements
There are no break fee arrangements. The escrowed US$20 million break fee paid by CATH into an
escrow account under the original TIA will be released to CATH.