Australia’s Chalice Mining inks deal with Mitsubishi to develop WA project
Australian varied miner Chalice Mining signed an agreement on Wednesday with Japan’s Mitsubishi Corp to make its Gonneville PGE-Nickel-Copper-Cobalt Project, situated in Western Australia.
Beneath the deal, the Eastern conglomerate will collaborate on the technical, financing, marketing and marketing and offtake aspects of the mission, which is for the time being present process a pre-feasibility be taught about, anticipated to discontinuance by mid 2025.
Commercial
The memorandum of working out also provides an procedure of a that that it is possible you’ll doubtless doubtless pronounce strategic partnership with Mitsubishi to make the greenfield mission, the Australian miner added.
The firm also acknowledged they are focused on a closing investment likelihood on the mission in gradual 2026.
Source: Reuters
