20
Nov
12:38
Rio Tinto backs Western Australian lithium project
Australian junior miner Charger Metals said Monday it has inked an agreement with Rio Tinto Exploration (RTX) for its Lake Johnston lithium project in Western Australia, Kallanish learns.
Under the binding farm-in agreement, RTX, a wholly-owned subsidiary of mining giant Rio Tinto, will pay AUD 500,000 ($327,000) to Charger and invest an additional AUD 1.2 million before the farm-in begins. It has also committed to spending at least AUD 3m on exploration in the fi…
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Anonymous
Very good overview of the weekly steel market.
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