Aldoro Resources acquire two projects to expand lithium footprint
2021-07-08 13:54:51 [Print]
Australian-based Aldoro Resources announced they've substantially increased its exposure to lithium by acquiring the Wyemandoo and Niobe tantalum-lithium projects.
The company said the new ground contains high grades of lithium, caesium, tantalum and tungsten with rock chip lithium oxide grades up to 2.6%, along with up to 5,610 parts per million tantalum oxide, and tungsten oxide up to 16.5%.
"The highly prospective licences contain multiple lithium and tantalum areas of interest which will be the focus of the project," the company said.
The company said the new ground contains high grades of lithium, caesium, tantalum and tungsten with rock chip lithium oxide grades up to 2.6%, along with up to 5,610 parts per million tantalum oxide, and tungsten oxide up to 16.5%.
"The highly prospective licences contain multiple lithium and tantalum areas of interest which will be the focus of the project," the company said.
Lithium Carbonate 99.5%min Delivered China
Unit:RMB/mt
China lithium cobaltate producers' inventory to production ratio statistics by province by month
Unit: %
