RIL battery recycling discussion, page-396

if you keep it real simple anyone using the tech now will pay a royalty back to the Primobius jv
as they now own that 50/50 and any previous deals are split in that jv 50/50.

Its been mentioned on here before but the Crux interview with the title “300% increase “ Neometals
Explains in detail the arrangement if anyone really interested to get their head around it
watch that Several times and take notes
and u will understand it better hopefully.
It is confusing but if you watch that and read announcements in their entirety (twice) is better
it’s all been explained before.
The Primobius Jv I think was a great move giving up 50% sure , but gaining many more clients in the long run with a German plant builder as your partner . It will in the long game pay Dividends I’m sure!
RIL having exclusive rights (in some areas) and essentially getting a lot of due diligence done for them is great, u just have to remind yourself who their biggest shareholder is and give it time .Thats the frustrating bit !