https://newsletter.en.creamermedia.com
composite|Motors|PROJECT|Resources|Testing
composite|Motors|PROJECT|Resources|Testing
composite|motors|project|resources|testing

POSCO puts Jindalee's McDermitt under the microscope

13th February 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed Jindalee Resources has inked a non-binding memorandum of understanding (MoU) with major Korean conglomerate POSCO to jointly research the McDermitt lithium project, in the US.

The MoU followed an initial analysis of McDermitt ore undertaken by POSCO in 2022, and would see Jindalee provide a large composite sample from McDermitt for testing at POSCO’s research facility in Korea.

POSCO advises that testing of the McDermitt ore will investigate three separate metallurgical processes, which is expected to take approximately six months at a cost of approximately A$2-million, which will be funded entirely by POSCO.

POSCO and Jindalee will jointly evaluate the commercialisation of the project following completion of the testwork.

“I am delighted that Jindalee has been able to sign an MoU with POSCO Holdings, a leading Korean company and lithium producer as well as supplier of cathode active materials to major US automaker General Motors. This arrangement will allow Jindalee to further examine the potential of the McDermitt lithium project in Oregon, a very large and strategically important domestic source of lithium for the US battery industry,” Jindalee chairperson Justin Mannolini said.

“We look forward to receiving the results from POSCO’s testwork as part of our efforts to accelerate development of McDermitt through 2023.”

Edited by Creamer Media Reporter

Comments

 

Latest News

Zimbabwe invites power-storage bids to ease supply crisis
Zimbabwe invites power-storage bids to ease supply crisis
Updated 1 hour 17 minutes ago By: Bloomberg

Showroom

RioCarb
Rio-Carb

Introducing the Rio-Carb Smart Chute Concept - a revolutionary advancement in materials handling, designed for the toughest industries like mining...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.925 1.026s - 190pq - 2rq
Subscribe Now