Norway to develop phosphate deposit large enough to meet battery and solar panel demand for 100 years
Norge Mining has completed an exploration, uncovering 70 billion tonnes of phosphate.
05 July 2023
05 July 2023
Norge Mining has completed an exploration, uncovering 70 billion tonnes of phosphate.
As consideration, Askari will pay A$275,000 in upfront cash and issue A$100,000 in shares to AstraIL Dynamix.
The process plant at the Dolphin Tungsten Mine achieved 70% runtime, processing more than 10,000 tonnes of ore.
The offer price of $2.11 a share is a 167% premium over PolyMet’s stock close on 30 June 2023.
Primero will design, procure, construct and commission the process plant facilities for the KCGM mill.
Shareholders of Essential Metals will receive one new Develop Global share for every 6.18 shares held in the company.
Highlights Stellantis and Volkswagen taking a proactive approach to sourcing battery metals
The increase, aided by record processing output, comes as the company aims to become a bulk lithium producer in the near future.
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