Brief: Latin Resources Says Offtake Partnering Process To Commence For Salinas Lithium Project

Latin Resources

30/10/2023 24:59

Oct 30 (Reuters) - Latin Resources Ltd  LRS.AX :
    * OFFTAKE PARTNERING PROCESS TO COMMENCE FOR SALINAS LITHIUM
PROJECT
    * RECEIVED NUMEROUS INBOUND OFFTAKE ENQUIRIES FOR ITS
FLAGSHIP
SALINAS  LITHIUM PROJECT IN MINAS GERAIS, BRAZIL
    * HAS COMMENCED OFFTAKE PROCESS TO FORMALLY ASSESS PROPOSALS
AND
ASSOCIATED PROJECT FINANCING OPPORTUNITIES FOR SALINAS PROJECT
    * ENQUIRIES RECEIVED FROM KEY BATTERY MANUFACTURES, CHEMICAL
CONVERTERS, ORIGINAL EQUIPMENT MANUFACTURERS AND LEADING TRADING
COS
    * OFFTAKE PROCESS WILL RUN IN PARALLEL WITH KEY WORKSTREAMS
NECESSARY TO SUPPORT FID FOR  SALINAS BY END OF CY 2024
    * IS ALSO SEEKING FUNDING PROPOSALS FROM POTENTIAL OFFTAKE
PARTNERS IN EXCHANGE FOR OFFTAKE

Source text for Eikon:  ID:nASXb3W8sl 
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