Rio - Why didn't they opt for AGY?, page-22

From memory we have a 16 year process life at 10tpa based on our resource which is only down to 100m. Our resource upgrade is due soon which is drilling down to 300m or 400m (someone help me here) so we have absolutely plenty of resource. Let’s get back to reality - the ability of a company to produce BG lithium (IP) is essentially 90% of the company. You can have millions of hectares of tenements but without BG qualification you’re dead in the water (so to speak). This is the difference between AGY and every other junior. That’s why I hold AGY because we have the ability none of the others have proven at scale, only test tubes.