CHN chalice mining limited

(Adds details in paragraph 2-4) July 3 (Reuters) - Australian...

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    (Adds details in paragraph 2-4)

    July 3 (Reuters) - Australian diversified miner Chalice Mining (CHN) signed an agreement on Wednesday with Japan's Mitsubishi Corp 8058.T to develop its Gonneville PGE-Nickel-Copper-Cobalt Project, located in Western Australia.

    Under the deal, the Japanese conglomerate will collaborate on the technical, financing, marketing and offtake aspects of the project, which is currently undergoing a pre-feasibility study, expected to end by mid 2025.

    The memorandum of understanding also provides an intention of a possible strategic partnership with Mitsubishi to develop the greenfield project, the Australian miner added.

    The company also said they are targeting a final investment decision on the project in late 2026.

 
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