View in Other Languages Asian Equities News 2015-07-16: MOU Signed with China's Jiangxi Ganfeng Lithium 亚洲股权新闻 2015-07-16: 江西赣锋锂业(SHE:002460)签署澳大利亚承购备忘录 亞洲股權新聞 2015-07-16: 江西贛鋒鋰業(SHE:002460)簽署澳大利亞承購備忘錄 

Sydney, July 16, 2015 AEST (ABN Newswire) - Neometals Ltd (googlechartASX:NMT) and Mineral Resources Limited (googlechartASX:MIN) have together announced that their jointly owned subsidiary, Reed Industrial Minerals Pty Ltd has entered into a conditional Memorandum of Understanding (MOU) with China's second largest lithium producer Jiangxi Ganfeng Lithium Co., Ltd (googlechartSHE:002460). The agreement includes Jiangxi taking 100% offtake from the Mt Marion Lithium Project, netting Neometals around $19.5M.

Poseidon Nickel Limited (googlechartASX:POS) advised that is has commenced delivery of nickel concentrate to Tsingshan in China from its Lake Johnston operation. Poseidon intends to deliver a minimum of 3,000 tonnes of concentrate with a value of around $1.5 million. Material is currently being loaded into containers and trucked to Fremantle for shipment to China. Poseidon expects site shipments to be completed by end of July.

Sabre Resources Ltd (googlechartASX:SBR) announced the zinc-lead discovery at Toggenburg Namibia, has been extended in length by 1000 metres during the recent extension to the shallow geochemical drilling program. Toggenburg shows large zinc and lead anomalies in shallow bedrock, measuring over 2.8 km long and up to 250 metres wide. The strongest values recorded in the most recent drilling with maximum combined zinc and lead values in excess of 2.9%.

To view the video report, please visit:


Andrew Xiang
ABN Newswire
T: +61-2-8205-7338

ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 24) (Last 30 Days: 107) (Since Published: 66355) 

View in Other Languages 663551439310925 (91673)