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Lindsay Dudfield, Executive Director and CEO of Jindalee Resources Limited, Executed MOU with POSCO Holdings For Joint Research At McDermitt Lithium Project

JINDALEE RESOURCES LIMITED  (ASX: JRL) (Jindalee, the Company) is an Australian exploration company with Tier 1 lithium deposits in its portfolio in the United States. The Company’s core goals are to discover world-class mineral deposits and generate shareholder wealth. The United States is one of the largest marketplaces for lithium demand, and Jindalee is a leading company committed to help meet future demand. The Company is focussing efforts into developing its McDermitt lithium deposit. Jindalee Resources was listed on the Australian Securities Exchange (ASX) on 11th July 2002 and raised AUD 2.70 million. Now, it is a pure-play United States lithium company. Jindalee’s Projects: In June 2018, the Company acquired McDermitt and Clayton North, two lithium sediment projects in the United States. Both projects are 100% owned by HiTech Minerals Inc., a wholly owned, US-based subsidiary of Jindalee. Several factors attracted the Company’s interest in these projects including: Potentially

VRX Silica Sand Projects in Austrade Critical Minerals Prospectus 2022 Edition

VRX SILICA (ASX: VRX) ANNOUNCES the inclusion of Arrowsmith North and Muchea silica sand projects in the 2022 Australian Critical Minerals Prospectus published by the Australian Trade and Investment Commission (Austrade).

Senator The Hon. Don Farrell, the Minister for Trade and Tourism, launched the prospectus in Sydney, providing technical, commercial, and geological data on the Australian critical minerals projects to foster investment and accelerate development. The prospectus has recognition from foreign investors, Australian corporates, and the Australian government.

VRX Silica’s MD BRUCE MALUISH said,

“We are pleased that the Australian Government has recognised that silicon and silica sand are critical minerals. VRX has significant potential to address anticipated production shortfalls and build supply chain security as we progress to a carbon net zero future. “This publication will enable Austrade to actively promote the VRX silica sand products to foreign investors and potential buyers.”

Australian Critical Minerals Strategy

The Australian Government supports the development of critical minerals projects by releasing the ‘Critical Minerals Prospectus’ annually. The 2022 EDITION updates potential investment opportunities in critical minerals projects in Australia.

So far, 26 critical minerals have been identified that come under supply risk due to geological scarcity, geopolitical issues, trade policy, etc., and that are vital for the economic well-being of the emerging economies in the world.

The prospectus throws light on VRX SILICA’s Arrowsmith North and Muchea silica sand projects following the recent inclusion of Silicon (Si) on the Australian Critical Minerals List. 

Details such as mineral inventory, status, offtake agreement, mine life, product purity, etc., of both Arrowsmith North and Muchea projects are highlighted.

Resource Link

VRX Silica


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