(Bloomberg) -- CleanTeQ seeking to reach agreement with potential partner within about six months on investment in Syerston nickel, cobalt and scandium project in New South Wales, Clean TeQ CEO Sam Riggall says in an interview.
- Co. holding discussions with interested parties in China, Japan and South Korea, including with battery manufacturers
- Talks taking place on offtake agreements and on potential equity investments in project
- Co. may seek to add listing on Toronto Stock Exchange
- NOTE: Syerston to supply lithium-ion battery makers with nickel and cobalt sulphate; project has capital cost of $680m, according to Feb. presentation
- NOTE: Shanghai Pengxin Group in February made investment of A$81m in co.; holds about 16.2%, according to Bloomberg data
Clean Teq in Talks for Partner
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