07
Mar
15:45
Mitsubishi makes first investment in lithium mine
Mitsubishi Corporation and Frontier Lithium have signed an agreement to form a new joint venture for the PAK lithium project located in Ontario, Canada.
Mitsubishi will acquire a 7.5% equity interest in the JV for CAD25 million ($18m) and the remainder is held by Canadian miner Frontier, Kallanish reports.
The proceeds of the transaction will be used to complete the feasibility study and to prepare for construction permits. Once the feasibility study is com…
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Very good overview of the weekly steel market.
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