Diversified mining royalty company Trident Royalties has entered into a binding sale and purchase agreement to acquire an existing royalty from Atherton Resources over projects owned by Anson Resources in the Paradox basin, in Utah, US. Trident will pay $10-million for the royalty, which is a 2.5% net smelter return linked to Anson’s ownership of the projects. These include the Paradox advanced-stage lithium brine project, targeting the use of direct lithium extraction.
Diversified mining royalty company Trident Royalties has entered into a binding sale and purchase agreement to acquire an existing royalty from Atherton Resources over projects owned by Anson Resources in the Paradox basin, in Utah, US.
Trident will pay $10-million for the royalty, which is a 2.5% net smelter return linked to Anson’s ownership of the projects. These include the Paradox advanced-stage lithium brine project, targeting the use of direct lithium extraction. Phase 1 of Paradox will produce an initial 13 074 t/y of lithium carbonate for the first 10 years of a 23-year operation. Anson is currently targeting a final investment decision at the end of 2023.
At spot prices of $35 000/t of lithium carbonate equivalent, the royalty will pay about $11-million a year for the first 10 years. “For a modest initial cash outlay, we have secured exposure for shareholders to a well-funded, highly attractive project with a pathway to cash generation and significant growth potential.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
The Cloverfield Paradox: Where to Watch & Stream OnlineWondering where you can watch The Cloverfield Paradox? Here is where the movie is available for streaming online.
続きを読む »
This Lesbian Monkey Love Triangle Tells Us Something Really Interesting About Darwin's 'Paradox'A “Darwinian paradox” is that homosexual activity occurs even though it does not lead to or aid in reproduction. But if you visit three capuchin monkeys in Los Angeles, they’ll show you how beneficial their liaisons are.
続きを読む »
Albemarle Raises Bid for Australia’s Liontown Resources to $4.25 BillionThe deal would be one of the largest in the lithium-mining industry.
続きを読む »
Celsius Resources License Delayed at Gold-Copper Project in PhilippinesBy Christian Moess Laursen CeLsius Resources hasn't yet received a mineral-production sharing agreement for its gold-copper project in the Philippines, which...
続きを読む »
Africa's vast underground water resources are under pressure from climate change—how to manage themAll countries have a variety of water resources—some are on the surface, like rivers, and some are beneath the ground. This groundwater provides almost 50% of all global domestic use and 43% of all the water used for agriculture.
続きを読む »