RE: Prem12 May 2026 12:09
Reminder…
RNS…11/2/2026..(contract agreement with Xinhai Technology Processing for the new float and plant commissioning and optimisation .
“ii.A process performance guarantee, under which the Contractor is required to commission the flotation circuit to achieve targeted spodumene concentrate grade and recoveries at a design throughput of 15-20 tonnes per hour, subject to feed meeting agreed specification.
iii.A staged payment structure, with a portion of the commissioning fees withheld and only payable upon achievement of agreed performance and throughput criteria, aligning final payment with delivery of operational performance.”