How hard will this hit ULT"Zangge Mining Investment (Chengdu) Co., Ltd is one of only three companies in the world with industrialized adsorption lithium extraction technology." Also "“Ultra Lithium” or “the Company”) announces that the Company has entered into a definitive agreement with Zangge Mining Investment (Chengdu) Co. Ltd. (“Zangge”), for exploration and development of its 100% owned Laguna Verde Brine Lithium Project in Catamarca Province, Argentina. Under the terms of the agreement, Zangge will, in staged payments, pay US$10 million to Ultra Lithium and invest US$40 million in the Laguna Verde Project as work expenditures for a 65% stake in Ultra Argentina S.R.L. (Ultra Argentina) which is a subsidiary of Ultra Lithium and holds the Laguna Verde Property."
How much will this hurt and will they be able to compromise and still use their technology ?