RE:Proposal, financing plant construction without dilutionAdvaced payment from a customers: Now Pilbara (PLS) (signs 10 nov 16) lithium ore offtake deal with Shandong
Now only one (signing an offtake agreement with Pre-payment)
Pilbara receive a $US10 million pre-payment and future payment
Pilbara will supply only Raw Material 1.9 million tonnes spodumene at 1.5%
Next Battery factory Lithium-ion(2017-2018-2019)
-Shandong Wina battery -Guoxuan
-CATL -Zhejiang Tianneng power
-BAK Battery Co.
In addition to count the expanssion and new plan for
-Panasonic-Samsung SDI
-LG Chem-BYD
-Mitsubishi/GS Yuasa
In addition to count the new Europe plan for
-Daimler
LAC So possible agreement 2017 I think.
But LAC has the chance JV with SQM is the largest supplier lithium grade EV Battery, Surpasses ALB for EV battery grade.