Delta Lithium Limited is pleased to announce the successful completion of the institutional component of its fully underwritten accelerated non-renounceable entitlement offer to eligible shareholders on the basis of two new fully paid ordinary shares in Delta for every seven existing shares held to raise $70.2 million . The Institutional Entitlement Offer received strong support from existing eligible institutional [...]
Delta Lithium Limited is pleased to announce that it is undertaking a fully-underwritten accelerated non-renounceable entitlement offer to eligible shareholders on the basis of two shares for every seven existing shares to raise approximately $70.2 million . The Entitlement Offer will comprise the issue of approximately 152.5 million new fully paid ordinary shares in Delta at an offer price of $0.46 per New Share, which [...]
Albemarle Corporation , a global leader in providing essential elements for mobility, energy, connectivity, and health, announced today it has closed on the restructuring of its MARBL joint venture with Mineral Resources Ltd. announced earlier this year after receiving the required regulatory approvals. The amended agreements were entered into by the parties to further simplify commercial arrangements. Albemarle now has [...]
Albemarle Corporation , a leader in the global specialty chemicals industry, announced today that it has signed a non-binding letter agreement with Mineral Resources Ltd. to explore a potential expansion of the MARBL Lithium Joint Venture . "The expansion of MARBL would be consistent with our corporate strategy to pursue profitable growth and to be disciplined stewards of capital," said Kent Masters, Albemarle CEO [...]
- JV provides risk-adjusted access to high-quality spodumene source, further diversifying Albemarle's lithium asset base - Strengthens Albemarle's position in the long term by increasing capacity to support future demand - JV combines the mining expertise of MRL and the advanced specialty chemical processing expertise of Albemarle - Decision made to idle Wodgina mine based on current market conditions Albemarle [...]
HOUSTON and Privately owned oil and gas exploration, and mineral companies New Dawn Energy, LLC and Mineral Resources Partners, LLC today announced an agreement to jointly explore and develop certain assets contributed by each company in south Louisiana, targeting unconventional and conventional reservoirs. The development area initially includes ~ 90,000 net mineral acres out of the ~120,000 net mineral acres owned by [...]
Albemarle Corporation , a leader in the global specialty chemicals industry, announced today amendments to its transaction with Mineral Resources Ltd. under the Asset Sale and Share Subscription Agreement that was entered into on December 14, 2018. Under the revised arrangements, upon closing of the transaction, Albemarle will acquire 60% ownership of MRL's Wodgina hard rock lithium mine in Western Australia and form a [...]
Sydney, Australia (ABN Newswire) - The 2017 East Coles Corporate Performance Research has been completed and the Results are in. The Top 10 Finalists from the S&P/ASX100 for the 'Best CEO's' category for 2017 (not in ranked order) are: AGL, ALL, APA, GMG, JHG, MQG, RHC, SEK, TPM, WES. The Top 10 Finalists from the S&P/ASX101-200 for the 'Best Companies' category for 2017 (not in ranked order) are: A2M, BAP, CGC, MIN [...]
Highlands Pacific which holds an 8.56% interest, is continuing to exceed production targets, achieving record monthly output of 3,068 tonnes of nickel and 292 tonnes of cobalt in May. Highlands Managing Director Craig Lennon said he was delighted with the performance of the Ramu operations. "We have been involved in the Ramu project since 1992, and it gives us great satisfaction to see it delivering these excellent [...]
Neometals and Mineral Resources have together announced that their jointly owned subsidiary, Reed Industrial Minerals Pty Ltd has entered into a conditional Memorandum of Understanding with China's second largest lithium producer Jiangxi Ganfeng Lithium. The agreement includes Jiangxi taking 100% offtake from the Mt Marion Lithium Project, netting Neometals around $19.5M. Poseidon Nickel advised that is has commenced [...]
Moly Mines is pleased to advise that the Company has entered into a mine gate sale agreement for iron ore produced at the Company's Spinifex Ridge Iron Ore Mine with Mineral Resources. The Transaction is subject to approval of the Company's shareholders at an extraordinary general meeting to be held in the second half of June 2013. Under the Transaction, the Company's wholly owned subsidiary Moly Metals Australia Pty Ltd [...]
Red Hill Iron announced significant resource upgrade at its Red Hill Iron Ore Joint Venture. The Mineral Resource estimates for the project has increased by 50 million tonnes to a total of 472 million tonnes. The project has advanced rapidly with an expected production rate of 30 million tonne per year for at least 15 years. Red Hill Iron's share of annual production is anticipated to be approximately 4.5 million tonnes [...]
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