Ann: Restructure of Lithium Offtake Agreements, page-155

Next offtake to be announced. My tip is it's going to be one from either Japan or Korea to help diversify away from China. KDR have done this with their offtake clients and I think it's a very prudent move. The remainder of the output of DMS1 and Fines will go to this customer.

DMS2 offtake will go to a friendly Elephant from China. Although SQM is still wanting to expand their footprint in WA so I'm not going to completely rule them out either. How that would be a long shot at this time.

There is of course still GXY floating around but they appear to be out of the running in my mind unless someone has heard otherwise.

Haplo