Shooting the breeze on ADO, page-5248

https://announcements.asx.com.au

Imo MOU's are like contracts, both companies will spend considerable money on getting an outcome.
Paragraph three , "aim of obtaining commercially viable results"
If you discover the holy grail of battery tech while your company techs are working under an MOU, I expect you'd want an outcome.
Most mou's would have a pathway to commercialise the results, similar to the Trinseo MOU. Unfortunately we don't get these details so it's hard to know what happened with Ferroglobe behind the scenes. I'm hoping Anteo has crossed the t's etc before proceeding with a similar patent.