With regard to the world price for active anode material—it's transformed graphite—I would say that there are very few reliable indexes. One we followed in our offtake agreement is Benchmark Mineral Intelligence from the U.K. I would say that it's about $7,000 per tonne. That's $7 per kilogram of active anode material.
A good thing that we have in Canada is cheap hydro. It helps a lot, having the mine close to the transformation site. We can do this transformation for, give or take, $3.80 per kilo. On OpEx, we're very competitive.
We need to build those projects. Construction costs are important. We need to amortize those assets. We need to make a profit because the capital cost isn't zero here. That's the challenge to making a good project, but it's doable.