Li-related News/Articles/Reports, page-4902

The point is if the Japanese import price remains high and AGY's strategic partner is likely to be Mitsubishi (having sold to them in the past), a Japanese company, then the chances of securing a contract that is much higher than Chinese spot is likely - especially if the Japanese import price was $73/kg as recently as June 2023.

Whether we like it or not, the market gives a lot of weight to the Chinese spot price. If AGY secure a deal with a price much higher than current spot prices from China, say $50/kg with all the other strategic funding arrangements attached, the reaction will be very positive.