Concentrates are not completely useless just less relevant to their business in that form...
There is nothing stopping them... It would mean they would have to get into the mining business... and source tolling contracts and determine if that business model is feasible for them..... and not just the materials they need but may also need to deal with excess materials they do not - also not forgetting how the ROFR will impact in such scenarios...
The closest IMO a battery material producer would ever get is a "stake" or a joint venture rather then owning outright.. for PLS there is no need to go chasing such a model.... The GLC deal is far superior.
Perhaps come closer to the time when PLS has the 50% stake in processing plant - those companies will come knocking.?
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