Except -on another matter- I read that Tata Steel followed through the other day (with a new MOU) on an MOU it made last November with a German Group called SMS to do with greening steel https://www.sms-group.com/en-au/pre...press-release-detail/sms-group-and-tata-steel.
Tata entered an MOU with TMT last October… https://www.australianmining.com.au/technology-metals-in-vanadium-deal-with-tata/
So far there has been no word on further developments there (possibly due to permits still pending? )
But, looking at SMS, I saw it’s knees deep into its own vanadium deal (including being a major shareholder) with Northern Territory project - Mt Peake.
Can someone who follows the whole sector please opine on whether they think the SMS affiliations elsewhere might be a threat to TMT’s Tata non-binding MOU.
(Disclaimer: I don’t know much about Mt Peake yet except saw tonight it recently engaged the inventor of vanadium batteries - which seems a bit of a coup- and it had some serious flack going on last year https://www.pv-magazine-australia.com/2022/08/03/company-behind-australias-most-advanced-vanadium-project-embroiled-in-leadership-fight-amid-shareholder-activism/ … presumably now sorted considering the January ‘23 [ name change ] from TNG to Tivan (TVN ) and the appointment as an advisor of [ Maria Skyllas-Kazacos ] at the end of last month.
Here’s the most recent basics of the SMS agreements there https://www.tngltd.com.au/wp-content/uploads/2022/03/61082459.pdf)
Except -on another matter- I read that Tata Steel followed...
Add to My Watchlist
What is My Watchlist?