Mika Seitovirta: Thank you, Charl. And concerning your question, Adrian, thanks for that question first of all, about green premiums. So we have analyzed the market a lot and obviously, especially from the European point of view. And we can clearly see that when you go up to 2030, there’s going to be a deficit between the supply and demand. So there’s not going to be enough lithium hydroxide. On top of that, we can clearly hear from other customers, and as you know, today we haven’t committed Keliber to any off-take so far, but we have potential many good customers who we are talking to. And we know that everybody wants to go towards a net zero in their businesses. And therefore, it is important that the less CO2 kilos ton produced product we can offer so the customer is, in our understanding, willing to pay a green premium in those cases.
The other thing that we need to remember that especially in Europe, European customers would love to have European suppliers. So we are not yet fully regulated. So there are still some directives in the European Commission under preparation, and that will also drive suppliers to have much greener products than what they had earlier. So those are the reasons why we believe that we can get green premiums from the market after we have ramped up ’25. Thank you.
Operator: Thank you. Do we have time for another question?
Neal Froneman: James, you’re on mute I think.
James Wellsted: Yes, one last question and then we’ll have to wrap it up. Thank you.
Operator: Thank you. The final question comes from Richard Hatch from Berenberg. Please proceed with your question, Richard.
Richard Hatch:
Charles Carter: So what I was trying to convey was an incremental build. Certainly quarter-on-quarter through this year, it’s going to be — you’re not going to see marks dip changes, but we’re working on everything we can to try and reduce cost structures and build volume. But it’s a three to four-year build and it’s a progressive build. And you’ll see that in the graphs that we spoke to last year. And we stand very much on that plan. Thank you.
James Wellsted: Thank you, Charles. Thanks everybody for attending. I’m afraid we’re going to have to wrap it up now. We do have other commitments. There are a couple of more technical and more detailed questions online, and we will respond to those. If you have any other further questions, please don’t hesitate to contact the IR team and we’ll get back to you as soon as possible. Neal, if you’d like to say any last remarks?
Neal Froneman: Thanks, James. I think it’s all been said. I know the market’s disappointed with our results. We see the underperformance where it’s occurred. I think our message is that we continue to drive operational excellence. We are very well positioned based on not having the same type of disruptions in front of us in this year. Our strategy remains intact. In fact, if anything, we seeing good signs of being in the right place at the right time. We appreciate your time today. And as James said, apologies that we’ve had to cut it short. But some of us are on the road and we have other commitments as well. So thank you for your time and we look forward to talking to you next time. Thank you.
