The problem with trying to belittle the company for a lack of binding agreements is that other anode producers will also have to go through the same multiyear, large scale trial process. We know that automotive companies aren't just going to sign huge contracts without doing extensive testing. Mark Thompson gives a good run down of just how intricate this process is, comparing automotive quality control to that of aerospace.
The good news is Talga have already completed this trial process with some of their customers and now have purchase agreement negotiations taking place for multiyear contracts covering not just current supply, but expansions. What other company is at this stage in the game? Very few. As a near term producer Talga are well positioned for first mover advantage. While other companies are still dealing with scaling their test samples from kg, Talga should be reaping the massive rewards of being the dominant European producer of anode.
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