Record Recovery Rate
NAL achieved a record 72% recovery rate in March due to process optimization, indicating operational improvements.
Merger with Sayona Mining Progress
Significant progress has been made on the merger with Sayona Mining, including regulatory clearances and integration planning.
Strong Demand Fundamentals
Despite price volatility, long-term demand fundamentals for lithium remain strong, driven by EV adoption and grid storage growth.
Cost Savings and Investments
The cost savings plan from 2024 continues to yield benefits, and joint venture investments are expected to be modest, preserving balance sheet strength.