Running discussion on SP, page-56499

Transport costs can be reduced by 50% should PLS Primary Lithium Sulphate prove that conversion rate from feedstock such as PLS
towards lithium hydroxide production achieves cost saving $$$ and increased conversion rate/purity;
than the current market process of using SC6.
Hints that Yibin Tianyi is keen to obtain AVZ Minerals Primary Lithium Sulphate is in its off-take agreement.

'Furthermore, CATH will enter into a long-term Primary Lithium Sulphate (“PLS” offtake or tolling agreement which provides for 46,000 DMT per annum or 100% of the primary lithium sulphate produced from the first train of the PLS Plant."

Should the above prove successful then the 800,000 tons of SC6 or 800ktpa which is more than the 4.5 mtpa plant output , hence the investigation into a 10 mtpa production?

"AVZ and CATH have also agreed to evaluate and progress a study to increase annual production, expanding Dense Media Separation (“DMS” production capacity from a 4.5Mtpa throughput producing approximately 0.7 million tonnes of SC6, as contemplated by the Definitive Feasibility Study dated April 2020 (“DFS”, to a 10Mtpa DMS throughput producing approximately 1.6 million tonnes of SC6 (“Expansion Scena"


Variation of the Yibin Tianyi offtake agreement and additional offtake arrangements The Implementation Agreement contemplates several variations to the Yibin Tianyi offtake agreement, including: • The existing Offtake Agreement with Yibin Tianyi will be assigned to CATH and expanded in scope so that it provides for the offtake of SC6 for the life of the Manono Project. • Volume will be the lower of 50% of SC6 production or up to 800ktpa, taking into account existing third-party offtake agreements.

So if conversion rates are successful on PLS why would Yibin Tianyi need to purchase SC6 and AVZ transport it to China for conversion to lithium hydroxide ??
The situation now is the DRC are offering lower taxes / depreciation rates up to 10 years if value-added products from the MSEZ can be established in Africa.

Add Ganfeng and Shenzhen combined 340,000 tons of SC6 to be exported the transport costs can be significantly reduced.

Multi-faceted joint venture In addition to the development of the Manono Project, AVZI and CATH will also pursue the following undertakings through subsidiary joint venture entities, in respect of which each party will have indirect or direct joint venture interests proportionate to their interest in the Manono Project
:• the provision of power, water and logistics services to the Manono project;
• the development, construction and operation of the PLS Plant; and
• the evaluation of the establishment of a lithium hydroxide conversion facility. The formation of the multi-faceted joint venture will seek to leverage the deep skillsets of both partners to help deliver the joint venture projects.

Let's see what the DRC Africa conference confirms.
IMO Subsidiary joint venture entities are CATL and Yibin Tianyi and major car manufacturer.
ALL IMO