Finance Metals & Minerals News

Altona signs NDAs for Monte Muambe funding

Altona Rare Earths plc has signed two non-disclosure agreements on potential investment for its Monte Muambe rare earth elements, gallium and fluorspar project in northwest Mozambique. STRATEGIC The first NDA, with a “leading international critical metals mining industry group”, is for potential strategic investment for rare earths and gallium. Altona said it had sent representative […]

Equipment & Logistics Metals & Minerals News

Red Rock sends lithium oxide samples to potential overseas buyers

Red Rock Resources plc has sent high grade lithium oxide sampling results from its Zimbabwe project to potential overseas buyers for review. POTENTIAL Last month the company reported it had opened talks on possible sales to agents in China. Three samples each approximately 2kg from the pegmatite at the first permitted area were first sent […]

Company Moves Metals & Minerals News

Red Rock opens talks on lithium sales to China

Red Rock Resources plc could have a potential mining/partner contract for its Zimbabwe lithium assets as the company also starts talks with agents in China on lithium ore sales. HIGHER PRICES From 10 to 14 August, a South African consultant geologist conducted due diligence on the site with the company’s subsidiary African Lithium Resources (Pvt) […]

Metals & Minerals News

UK needs strategy to survive critical minerals’ shortage

A multi-faceted approach, overseen by a national strategy, is need to overcome any future shortages of critical minerals for the UK economy, according to a discussion panel. SUPPLY CHAINS In a breakfast chat hosted by Jeff Townsend of the Critical Minerals Association (CMA), the panel looked at technological substitutes, integration of mining businesses and a […]