06
Oct
15:03
Lake Resources signs conditional deal with WMC Energy
Australia-listed Lake Resources announced Thursday a deal with commodity merchant WMC Energy that includes a strategic investment in Lake Resource and an offtake agreement for the Kachi project, Kallanish reports.
Under the conditional framework agreement (CFA) signed by the parties, WMC Energy will acquire a 10% stake in Lake at a price of AUD 1.20 ($0.77) per share. This investment will support the realisation of Lake’s flagship Kachi project in Argentina,…
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Anonymous
Very good overview of the weekly steel market.
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