I would say for JB they are thinking conversion somewhere in GXY control. The actual location could make more sense off site and closer to other chemical facilities, eg to buy needed agents and sell byproducts or the conversion process. it could be cheaper to transport the Spod to a site than all chemicals needed out to the mine/Spod plant. It's kind of why the big Aus Li Spod to Li Chemical converters are migrating all towards south of Perth area. MIN are proposing one up at Pilbara and PLS one in South Korea (where other chemicals are) All IMO DYOR.
GXY Price at posting:
$2.07 Sentiment: Buy Disclosure: Held