In addition to a recent offtake with Korean cathode manufacturer EcoPro, the company is continuing discussions with multiple parties regarding offtake agreements for the balance of planned lithium output from Rhyolite Ridge. Furthermore, a formal evaluation process is underway to pursue secondary listing of shares on a major US stock exchange to increase exposure to US capital markets. Status updates ioneer anticipates that its strategic partnering process should deliver the majority of the required equity component of the Rhyolite Ridge funding stack, which will lead to an acceleration of debt and trade finance discussions that have been positively progressing for many months.