Neometals Ltd., headquartered in Western Australia, has recently upgraded its listing on the OTC market in the United States. General Manager for Investor Relations, Jeremy McManus, detailed the company's focus on developing mineral processing technologies aimed at recovering critical materials from high-value waste, transitioning from its roots in exploration and mining to a focus on the circular economy. The company [...]
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 [...]
The Board of Metals X is pleased to advise that it has reached a binding agreement to acquire the assets that made up the Meekatharra Gold Operations of Reed Resources from the administrator of its subsidiary GMK Exploration Pty Ltd. The purchase price has a face value of approximately $7.7 million and is made up of:- $7.1 M in cash.- 24 million shares of Reed Resources Ltd. (nominally $600,000).The acquisition is [...]
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