13 November 2024
13 November 2024
The nickel facility will produce 60,000 tonnes (t) of contained nickel in mixed hydroxide precipitate (MHP) annually, critical for energy storage system (ESS) batteries.
The potential sale includes the port located in Rio de Janeiro and the joint iron ore mining project.
The move aims to conserve cash and protect the spodumene orebody until the lithium market recovers.
Peak Minerals plans to raise up to $2m (A$3.05m) through a non-brokered private placement.
The agreement outlines a four-year plan for Omega Pacific to increase its stake in the Williams Property.
Operational challenges at the mine have sparked immediate discussions between the two companies.
The Vulcan HEAT4LANDAU initiative plays a key role in the company's Phase One Lionheart Project.
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