The cost of this electrolyte is a substantial part of our total cost picture and is as such a critical element towards a competitive unit cost of our final product.
We are very pleased to announce that we recently have on filed a patent application for the process to the Norwegian Intellectual Property Office (NIPO). In order to protect our competitive edge this is planned to be extended globally through the Patent Cooperation Treaty within 12 months of filing.
We further intend to follow our strategy of extending our patent portfolio on auxiliary process, maintaining our progress on core technology (electrolysis and molten salt) secrecy to protect our position as a leading CCU player.
