SUV 2.04% 4.8¢ suvo strategic minerals limited

Ann: Purchase agreement to supply lithium-ion batteries, page-54

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    This might cheer you up.

    on 24th November 2018, the Prime
    Minister and Mines Minister of the DRC declared Cobalt, Coltan and Germanium as
    “Strategic Mineral Resource”.
    Under the executed decree, the strategic minerals will attract a royalty rate of 10%,
    up from 3.5%.
    Lithium was not included in this ruling and the royalty rates for lithium remains unchanged.
 
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