Jayson, a global supplier to the clean energy sector, will now have the right to acquire 25% of any lithium products from the company’s projects, subject to finalisation of offtake agreements once a JORC-compliant resource is defined.
2023 was a big year for battery metals explorer St George Mining who was courted by two of the world’s largest lithium battery players.Global battery industry giant Shanghai Jayson New Energy Materials became St George’s largest shareholder during the year after ploughing another $3 million into the Perth-based lithium explorer’s stock. The investment comes about a year after an initial $2m investment and the latest move takes Jayson to the top of St George’s share register with 11.73 per cent of its stock.
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