MIN failed to get AWE, which was close to their Yilgarn iron ore deposits. So they instead get stressed Atlas for a bargain, right next to a pipeline of Norwest Shelf gas. My under standing is that a gas pipeline goes to Wodgina, that is Atlas IO mine just out of Port Hedland. Atlas assets are a berth in Port Hedland also. Direct Shipped Ore of lithium from PLS is contracted for 18 months also from that berth via Atlas agreement.
MIN wants Atlas ore and cheap gas to turn into graphite and hydrogen, but mostly graphite.
MIN now will carry a friendly agreement with PLS to ship their DSO lithium at least for 18 months.
MIN has cash and has stated it wants to expand.
Two things I get from this potentially for HZR, MIN is very very interested in the HZR process either .... 1. Working partnership/royalty scheme or .... 2. Take over eventually.
Position yourself NOW.
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