Mr Friedland stated “the combination of the Syerston Project and its unique geological properties, with Clean TeQ’s innovative ion exchange technology, positions the company to become a leading supplier of nickel and cobalt sulphate for use in lithium ion batteries. These are key raw materials required to power the extraordinary revolution taking place in electric mobility. Through the development of Syerston, Clean TeQ will also become the world’s largest producer of scandium, which we expect will facilitate the increased adoption of aluminium-scandium alloys for light weight applications in the global transportation sector.”
