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04 Jul
12:45

NICKEL, COBALT: Australian Mines, LGES agree extension on offtake condition

Australian Mines Limited and LG Energy Solution (LGES) have agreed to extend the financing condition in their offtake agreement from 30 June to 21 December, Kallanish reports. The Australian-listed company said in a security filing last week if the new deadline isn’t reached, the parties may terminate the offtake agreement signed last August. The six-year offtake agreement is subject to Australian Mines securing financing for construction by the newly establ…
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