Ann: Huayou Cobalt Group Increases Shareholding in AVZ, page-133

I fully expect AVZ will take this to completion and in the process will totally annihilate smaller lithium plays like Mt Marion, AJM and other lithium plays in the process. Why buy lower grade concentrate with higher levels of deleterious elements when AVZ could supply as much as all of Australia combined(disregarding Greenbushes)? Probably find only lesser processing companies would buy their produce to make lower quality batteries with higher impurities. Is why Panasonic have been supplying Tesla with higher quality batteries than the other car manufacturers
It won't happen overnight but give it a few years of ramping up and you can kiss all the smaller plays goodbye. Just listen to what Simon Moores stated in his PDAC interview.