19
Apr
16:42
LITHIUM: Latin Resources to accelerate Brazil’s Salinas project
Australia-based exploration company Latin Resources will fast-track its lithium business in Brazil after raising AUD 35 million ($25.7m), Kallanish reports.
The placement of new ordinary shares was led by an AUD 15m cornerstone investment from E&D Fund, a subsidiary of Canada’s Waratah. The capital raising attracted institutional investors in Australia, North America and Asia.
With the proceeds, Latin plans to secure two new rigs to take the total flee…
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Very good overview of the weekly steel market.
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