Below English translation of a comment by LKAB in the Swedish press. The interesting words are quote "not for us right now "....
"One year ago, thethree companiessigned a letter ofintent to jointlydevelop graphitemining in Vittangi andthe production ofbattery anodes inLuleå.The declaration ofintent has nowexpired and LKABhas chosen not toextend thecollaboration.Australian Talga andJapanese MitsuiEurope continue thecollaboration, Talgawrites in a pressrelease.LKAB justifies thedropout by sayingthat it wants toprioritize otherprojects in which it isinvolved, and refersto the largeinvestments it has inprogress under itsown auspices.- Right now for us,this is not a priority.We have manydifferent projects thatwe choose to focuson. It is a veryexciting project butnot for us right now,says David Högnelid,marketing andcommunicationsmanager for thespecial productsbusiness area atLKAB, to Norr Media".
Talga Overnight Europe & US Markets, page-777
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