SUV 3.77% 5.1¢ suvo strategic minerals limited

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

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    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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