Brief: Pan Asia Metals Sings Non-Binding MoU With Vines Energy Solutions Joint Stock Company

Flagship Minerals

19/05/2023 02:22

May 19 (Reuters) - Pan Asia Metals Ltd  PAM.AX :
    * NON-BINDING MOU SIGNED WITH VINES ENERGY SOLUTIONS JOINT
STOCK
COMPANY
    * MOU OUTLINES JOINT FEASIBILITY STUDY FOR A STANDALONE
LITHIUM
CONVERSION FACILITY IN AN INDUSTRIAL ZONE IN VIETNAM
    * DISCUSSIONS TO SECURE ADDITIONAL LITHIUM CONCESSIONS,
LITHIUM
OXIDE CONCENTRATE SUPPLY FOR LITHIUM CONVERSION FACILITY IN
VIETNAM
    * FACILITY'S PROPOSED LOCATION IN VIETNAM IS EXPECTED TO
OPTIMISE
LOGISTICS AND ENHANCE ESG CREDENTIALS OF END PRODUCT
    * EVALUATION UNDER MOU WILL CONSIDER INITIAL ANNUAL CAPACITY
OF
20-25,000TPA OF LITHIUM CARBONATE OR LITHIUM HYDROXIDE

Source text for Eikon:  ID:nASX3fVvJx 
Further company coverage:  PAM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))