Sal De Vida Update, page-87

Hey Clive,

Long time no speak.

The points in the AGM indicate there is no environmental approval to proceed and they were hoping for that by the end of the year.
Typical Sal De Vida, not running on time.

The ponds in the photo are the old pilot ponds. There is nothing new to see there as per there being no approval and also the satellite images support that.

In a news article from Korea POSCO is targetting first half 2024.

POSCO plans to start construction of the plant in the first half of 2022. The plant, which is expected to be completed in the first half of 2024, will have an annual production capacity of 25,000 tons. POSCO is also considering investing in expansion of the facility to add an additional 25,000 tons.

https://m.koreatimes.co.kr/pages/article.asp?newsIdx=320678

Of course that will require ramp up and will also depend on if they can run on time with their timeline.

My guess for Sal De Vida if Allkem do get it running may be sometime in 2025.