Quarterly Report - Q1 2025

We are now just weeks away from commissioning our brand new lithium demonstration/precommercial plant. We’ll run this at home in New Zealand for some weeks before shipping it offshore.

This follows the successful conclusion of our North American piloting tour. We are now being asked to do similar work globally in both silica and lithium, and we plan to do justice to the very best opportunities with smaller fly-in, fly-out pilots, on a commissioned basis.

This validates to us the appetite for our technologies and brings working capital into the company.