04 July 2023
04 July 2023
Melting ice in Greenland is exposing the country’s critical mineral resources. Mining companies, governments and billionaires are all eyeing the largely underexplored wealth.
The company has initiated redundancy consultation that could impact 190 jobs at the smelter as a result of the fire.
Eramet’s planned lithium processing plant will have a production capacity of 24,000 tonnes per year.
The project, which hasn’t been mined since 1973, is believed by the company to hold vast deposits of nickel, copper and platinum group elements.
Botswana’s share of diamond supply will increase progressively to 50%, as per the new sales agreement.
The increase, aided by record processing output, comes as the company aims to become a bulk lithium producer in the near future.
Shareholders of Essential Metals will receive one new Develop Global share for every 6.18 shares held in the company.
Primero will design, procure, construct and commission the process plant facilities for the KCGM mill.
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