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22/01/15
12:04
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Originally posted by gassin123
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excellent acquisition from Min .
Chris Reed, Managing Director commented:
“Securing access to Metals X’s ground significantly enhances the Mt Marion Lithium Project’s
potential to become a long-life, globally significant lithium concentrate producer, and is supportive of
our focused strategy to become an integrated lithium compound producer and supplier to the
Lithium-ion battery industry.”
“The next step in the project’s development plan is to secure binding offtake agreements before the
project partners can consider a final investment decision. Lithium’s strong demand and price
fundamentals are driven by the megatrends of the electric cars and renewable energy storage.”
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Has taken a while, a "win,win" for all parties involved,looking forward to ticking off those next steps!
Topping up now for the long term. MIN,NMT.
cheers all,
Tonali