This post is just a dump of lithium information. It is future-looking stuff, so of little immediate interest to NWH shareholders.
Primero's spodumene (as opposed to brines) lithium experience is going to be in demand internationally, and Primero has worked in that field for years.
RIO Tinto Ltd (ASX:RIO) Announcement - Funding for Jadar lithium project
https://www.********.au/tickers/asx-rio/announcements/2021-07-28/3a571495/funding-for-jadar-lithium-project/
If RIO needs a firm with spodumene lithium experience, it might struggle to find such a firm outside WA, so why not talk to NWH? WA probably produces more spodumene lithium in the world than any other geography, so that is where the expertise is.
https://cen.acs.org/business/inorganic-chemicals/Europe-poised-begin-lithium-mining/99/i21, BASF is wants deals with firms who would extract lithium from European sources. Europe currently imports all the lithium needed for its battery industry. BASF is the largest speciality chemical company in the world.
As an aside, the Manono lithium project in the DRC is believed to be the world’s largest known spodumene lithium resource, and ASX-listed AVZ Minerals owns 60% of the project. If Manono ever gets off the ground, AVZ is not going to find the likes of Primero in the DRC, although LYL has offices in Capetown and Johannesburg, and experience in Darkest Africa, so at a stretch it could probably do what Primero would regard a doddle.
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This post is just a dump of lithium information. It is...
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