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Broken Hill, June 2, 2011 (ABN Newswire) - Lithex Resources (
ASX:LTX) Chairman Malcolm Carson is interviewed in Broken Hill at the Resources and Energy Symposium. Lithex tenements cover areas which contain the valuable transition metal minerals including tin, tantalum, niobium, alkali metals including lithium, potassium and with scope to define rare mineral lanthanides and actinides.
View the Video Interview at:
http://www.abnnewswire.net/press/en/67745/Lithex
Lithex's tenements near Marble Bar (Moolyella and Shaw River) cover areas which were mined extensively for tin with secondary tantalum and niobium for nearly 100 years. Operations ceased in the mid 1980's due to the collapse in tin prices. Since mid 2000's tin prices have dramatically improved due to increased demand from China and Indonesia, new high-tech uses and constrained supply.
ASX:LTX) Chairman Malcolm Carson is interviewed in Broken Hill at the Resources and Energy Symposium. Lithex tenements cover areas which contain the valuable transition metal minerals including tin, tantalum, niobium, alkali metals including lithium, potassium and with scope to define rare mineral lanthanides and actinides.View the Video Interview at:
http://www.abnnewswire.net/press/en/67745/Lithex
Lithex's tenements near Marble Bar (Moolyella and Shaw River) cover areas which were mined extensively for tin with secondary tantalum and niobium for nearly 100 years. Operations ceased in the mid 1980's due to the collapse in tin prices. Since mid 2000's tin prices have dramatically improved due to increased demand from China and Indonesia, new high-tech uses and constrained supply.
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About Lithex Resources Limited
Lithex Resources Limited (ASX:LTX) listed on the Australian Stock Exchange on 17 May 2011 with a significant tenement holding in the Pilbara & Gascoyne regions of Western Australia.
Lithex's projects cover approximately 772 km2 and are located approximately 120 km south east of Port Hedland and 250 km East of Carnarvon, many of the projects are accessible by sealed or well-maintained road.
Lithex tenements cover areas which contain the valuable transition metal minerals including tin, tantalum, niobium, alkali metals including lithium, potassium and with scope to define rare mineral lanthanides and actinides – rare earth minerals.
Lithex's projects are well placed to move from exploration to development and to achieve an early cash flow which places the Company in a strong position to take advantage of the demand and high prices for these rare minerals.
About Symposium
Symposium exists to connect the Australian resources industry with the investment community at both a domestic and international level. We provide a range of opportunities for mining, coal, oil, gas and other energy-related businesses to present to and engage with potential investors. Our events, from monthly roadshows to annual conferences in Australia as well as North America and China are all specifically designed to showcase the resources industry, raise awareness and create mutually beneficial business partnerships. For more information see: www.symposium.net.au
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