excerpt from this overlooked announcement this morning , as it was not price sensitive:
- first batch of high purity scandium oxide (Sc2O3) being produced to give to potential off-take partners (Airbus is one of them)
- Clean TeQ and SIDRI (Chinese Government run company) continue to assess projects in China, in both water treatment and metals recovery, as a basis for establishing the Joint Venture.
turns out the Chinese also want a piece of Clean Teq's metal recovery business, and the JV (in which a HOA for water has been signed) is being expanded to include metals too.
Cap raise of $8.5m completed at 18c and was taken up by all of Clean Teq's directors, including a full allocation taken up by Robert Freidland , Clean Teq's billionaire backer.
