ESS 0.00% 50.0¢ essential metals limited

Ann: Corporate update, page-140

  1. 665 Posts.
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    not sure if it was posted already here but todays afr article looks juicy to me. Link below ( may need to subscribe):

    https://www.copyright link/street-talk/three-contenders-for-lithium-target-essential-metals-20220426-p5ag3g

    keypointsfor:
    - three candidates that fit the bill could be China’s Gangfeng Lithium and ASX-listed LiontownResources and GlobalLithiumResources.

    - re Gangfeng, it own part of the Mt Marion project, close to Pioneer Dome, Gangfeng’s Bacanora project in Mexico is in jeopardy dur to Mexico nationalising lithium, and hence make sense for GF to look for other hard rock lithium projects to shore up its position.

    - re Liontown, it would help to build large-scale development, and a serious second project for Liontown which now has its Kathleen Valley fully funded.

    - re Global Lithium, It has been consolidating lithium resources in WA, and Essential Metals could provide a third beachhead alongside its Marble Bar and Manna projects.

    looks like its just the beginning and most likely more to come..
    Last edited by Eklavya: 26/04/22
 
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