Albemarle Corp. (ALB) Social Stream
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$LLKKF Kachi Project Finance – Strong Expression of Interest to Fund Project to approximately 70% of total Kachi Project funding requirementsmacrossluvsrobotech, published August 13, 2021
*UK Export Finance, the Export Credit Agency of the United Kingdom, has provided a strong Expression of Interest to support approximately 70% of the total finance required for Lake’s flagship Kachi Lithium Project, subject to standard project finance terms.
*Finance available to support expanded production to 50,000 tpa of high purity lithium carbonate equivalent, amid accelerating demand for battery-grade lithium.
*UKEF’s Expression of Interest will encourage a UK-led sourcing strategy while allowing flexibility for other leading ECAs to participate.
*ECA backing provides significantly lower cost of capital than traditional debt financing and demonstrates a vote of confidence in clean lithium technology and its ESG benefits at Kachi.
Also Bullish on &own $TSLA $LIT $GM $ALB, but most of my Lithium Holdings are in $LLKKF