1
LOI / MOULOI / MOU
engagement beginsdechrau’r ymgysylltiad
A non-binding Letter of Intent / Memorandum of Understanding. It opens the engagement, establishes the joint working group and data exchange, and carries no cost and no obligation for the community. Steps 1–5 are paper — typically 3–18 months in total.Llythyr Bwriad / Memorandwm Cyd-ddealltwriaeth anrhwymol. Mae’n agor yr ymgysylltiad a’r gyfnewidfa ddata, heb gost na rhwymedigaeth i’r cyngor. Camau 1–5 yw’r gwaith papur — fel arfer 3–18 mis i gyd.
2
Term SheetTaflen Delerau
verification & termsdilysu a thelerau
The verification phase. Feedstock streams, volumes, and the community’s disposal-cost basis (FWDC) are confirmed, the site is selected, and the per-tonne commercial terms are agreed before anything is signed long-term.Y cyfnod dilysu: cadarnheir ffrydiau a chyfeintiau’r deunydd, y gost gwaredu bresennol (FWDC), y safle, a’r telerau masnachol fesul tunnell cyn unrhyw lofnod hirdymor.
3
CSACSA
execution = T0gweithredu = T0
The Circular Supply Agreement — a minimum 30-year supply contract with perpetual continuation. Execution starts the project clock (T0). It locks the Beneficiation Fee, the Circular Royalty™, the feedstock commitment, and site access.Y Cytundeb Cyflenwi Cylchol — contract 30 mlynedd o leiaf gyda pharhad parhaus. Mae’r llofnod yn cychwyn cloc y prosiect (T0) ac yn cloi’r Ffî Fuddiannu, y Freindal Gylchol™ a’r ymrwymiad deunydd.
4
UnderwritingTanysgrifennu
Carbotura-financedariannu gan Carbotura
Carbotura arranges 100% of the facility financing under its Build-Own-Operate model. The community contributes zero capital and takes no construction or financing risk; an 18-month Parent Performance Guarantee backs all payment obligations.Carbotura sy’n trefnu 100% o’r cyllid dan ei fodel BOO. Dim cyfalaf cyhoeddus a dim risg adeiladu na chyllido; Gwarant Rhiant-gwmni 18 mis yn cefnogi pob rhwymedigaeth talu.
5
PermittingTrwyddedu
manufacturing basissail weithgynhyrchu
The facility is permitted as manufacturing (NAICS 31–33), never as waste processing. Both parties commit to the Regulatory Predicate Transition — the endpoint is categorical: manufacturing classification across all permitting, licensing and regulatory contexts.Trwyddedir y cyfleuster fel gweithgynhyrchu, byth fel prosesu gwastraff. Mae’r ddwy ochr yn ymrwymo i’r Trawsnewid Rhagosodiad Rheoleiddiol — mae’r nod yn ddiamwys: dosbarthiad gweithgynhyrchu ym mhob cyd-destun rheoleiddiol.
6
DeploymentGweithredu
build · 12–18 monthsadeiladu · 12–18 mis
The facility is manufactured and deployed in standardized 100 TPD modular increments rather than built as one-off construction — a 12–18 month build from CSA execution to commissioning.Caiff y cyfleuster ei weithgynhyrchu a’i osod mewn unedau modiwlaidd safonol 100 TPD — adeiladu 12–18 mis o lofnodi’r CSA hyd at gomisiynu.
7
COD & RoyaltiesCOD a Breindaliadau
royalty +13mo after first feebreindal +13m ar ôl y Ffî gyntaf
Commercial Operations Date: the facility begins accepting feedstock. The Beneficiation Fee applies to delivered tonnage, and the first Circular Royalty™ payment follows 13 months after the first fee payment, then monthly, escalating every year.Dyddiad Gweithrediadau Masnachol: mae’r cyfleuster yn dechrau derbyn deunydd. Mae’r Ffî yn berthnasol i’r tunelledd a ddanfonir, a thelir y Freindal Gylchol™ gyntaf 13 mis ar ôl y taliad Ffî cyntaf, yna’n fisol, gan gynyddu bob blwyddyn.