Hi All. I thought I would intervene at this stage with a very...

Hi All. I thought I would intervene at this stage with a very relevant media item, which gives some context to the current state of play in the international lithium market. Not everybody knows that Tianqi's lithium hydroxide plant in Kwinana is almost ready to accept first feed, Albemarle's lithium hydroxide plant in Kemerton is about a year behind. Both facilities will receive 6% Li20 spod con from the Greenbushes mine. Neither facility needs to rush their completion, as current production (one million tonnes per year) is treated in China. Each facility would produce ~50 000 t of lithium hydroxide, if current production was sent there, instead of to China.