Dakota Minerals powering up-Mining Journal

Hi All.

Interesting article from the Mining Journal. As I suggested before, looking to off-load the Australian Tenement. CEO David Frances called it The "Holy Grail" of potential starter pits at its lithium project in Western Australia. Several factors set it apart from other lithium hopefuls.
The company intends to go a step further than other miners and produce lithium carbonate and lithium hydroxide, rather than ship bulk concentrate, given the lower and clean hydropower costs in Portugal.
Also will continue due diligence on other potential lithium acquisitions.
Dakota has early mover advantage in Europe." Frances said.

He said countries in Europe were leading the World in the uptake of electric vehicles and production of lithium-ion batteries was growing to keep up with demand. Viewed from day one that Europe was to be the early onset penetration of electric vehicles.
Daimler-Mercedes leading home energy storage solutions based on lithium-ion battery technology with its modular system.
Dakota was negotiating with smaller landowners to incorporate their tenements into the project.
Frances said drilling will start this month and in addition the company would pursue the successful granting on the tenement applications.

Back in Australia, Dakota is weighing up the best way to realise value from Lynas Find with Frances believing it's "The Holy Grail" of starter pits: its right from surface, its thick, high-grade and shallow dipping, which means lower Opex and faster payback of Capital.
The project is abutting Pilbara Minerals and along strike from Altura Minerals whose projects have combined resources of about 163 million tonnes at more than 1% lithium oxide.
Frances said the company would establish the maiden resource within months to determine the future of the project, which Dakota viewed as "a stepping stone" to Europe.
Regarding the pending Resource Statement, Frances is relatively relaxed as he knows the company has options. Given the recent activity in the region and the proximity to a (currently) under-capacity plant, there will be keen interest in a high-grade starter pit with near-term production profile.
Dakota will continue to negotiate in Europe and due diligence on other lithium projects and start drilling in one of the best areas of Portugal
He did not rule out Duel Listing as the European assets start to take shape.
We want to be the main supplier of lithium carbonate and lithium hydroxide into the ever growing European market for battery production," he said.
We're going to be very busy in the next quarter getting a lot achieved.

Regards
Westcott.
and grade