Phil Carroll and Kevin Hornsby talk to Simon and Charles after the company confirmed the initiation of a lithium-focused Earn-In Investment and Joint Venture Agreement with Rio Tinto in Rwanda, as all required conditions have been met. Since the announcement of the joint venture on 1 August 2023, both companies have made significant preparations, including operational infrastructure setup and field operations commencement on the HCK Project. Rio Tinto will have the option to invest up to US$7.5 million in two stages, earning up to a 75% interest in the HCK Licence, exploring minerals crucial for transitioning to renewable energy.
Shaun Day also makes an appearance to discuss the recent Haveiron update.
As usual, there is a weekly round-up of the movers and shakers and a look at the biggest news stories of the past week.
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The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
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