Hedge fund hunts for next Australia lithium winner on deal craze
An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management.
An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management.
Located 160 km northeast of Thunder Bay, Georgia Lake is planned as an open-pit and underground mining project.
China's Xinfeng has previously clashed with Namibian authorities over exports.
Besides the potential to increase resources, drilling inside the pit shell continues to show continuity and consistency in grade and thickness.
The Chilean lithium giant will ultimately increase its interest to 40% by spending $1.9 million in exploration.
Zeeshan Syed, a former Alberta Energy Regulator executive who was engulfed in a public sector spending scandal in Alberta welcomed two Liberal cabinet ministers to the Thunder Bay site of his junior mining company’s proposed lithium refinery.
It comes as Ghana seeks to diversify away from gold production to tap into the multibillion-dollar battery metals industry.
The project remains on track to begin production in mid-2024, the company said.
A recently developed method allows for the recovery of 100% of the aluminum and 98% of the lithium from spent electric car batteries.
The acquisition would mark the Chilean copper giant's first foray into the lithium space, as part of the country's new public-private model for the sector.
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