JMS 3.03% 17.0¢ jupiter mines limited.

Its been mentioned that Glencore is interested in selling its...

  1. 12,218 Posts.
    lightbulb Created with Sketch. 1776
    Its been mentioned that Glencore is interested in selling its 49% stake in the South African
    Mokola manganese mine the other 51% is owned by Ntsimbintle Holdings. So the same setup that Ntsimbintle Holdings has with Jupiter Mines.
    This maybe a good opportunity for JMS to increase its stake in Mn mines in SA. Most likely a better outcome than producing Mn battery materials.
    Glencore might be trying to offload while there is some interest in manganese, not sure of the production rate or costs. I doubt its as good as Tshipi mine
 
watchlist Created with Sketch. Add JMS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.