Santhosh Seshadri's questions to LAAC leadership • Q2 2024
Question
Inquired about the expected impact on operating costs from achieving battery-grade specifications and whether offtake partner Ganfeng is fulfilling its purchase commitments in the current market.
Answer
The company stated that achieving battery-grade quality will have an immaterial impact on overall costs, and the incremental cost will be much lower than the current price discount. They also confirmed that Ganfeng is fulfilling its offtake commitments and taking all available product.