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The LPO loan covers Section one on the Undertaking, which involves the development of lithium processing to include a sulfuric acid plant, lithium processing facility, and connected infrastructure. The Project is meant to develop battery-grade lithium carbonate, a vital part while in the production of manufacture of eligible Highly developed technology autos and qualifying components.
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Capital—refers to any other property borrowers might have, In addition to cash flow, that may be used to meet a personal debt obligation, such as a deposit, savings, or investments
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