"Our alignment with ZIDA has been critical and is expected to make a material difference to our ability to fund the Arcadia Project."
IronRidge enters binding agreement with Piedmont Lithium to fully fund and fast track the Ewoyaa Lithium Project to production.
China’s dominance over the critical mineral supply chains presents one of the largest strategic vulnerabilities since the Arab oil embargo.
“We thank our existing shareholders for their support and welcome high-quality institutions to our register and the Firefinch growth story."
This is a significant increase from the company’s 2019 feasibility study that considered a Phase 2 capacity of only 45 000 tpa.
The issues of child labour, hazardous working conditions and unfair remuneration within the Democratic Republic of Congo’s (DRC) artisanal and small scale mining (ASM) sector will not be solved by simply avoiding the DRC and choosing not to buy cobalt that originates from the country.
"This will allow Firefinch to continue our momentum in both our gold and lithium businesses." - Firefinch MD, Dr Michael Anderson.
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