15 min
Midweek Takeaway featuring Charles Bray and Simon Rollason of Aterian PLC (LSE:ATN) #ATN The Sunday Roast
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- Investing
Phil Carroll and Kevin Hornsby talk to Charles Bray and Simon Rollason regarding the news that Aterian has entered into a definitive Earn-In Investment and Joint Venture Agreement with Rio Tinto Mining and Exploration Ltd (RIO) and Kinunga Mining Ltd. The agreement aims to explore and develop lithium and by-products at the HCK Joint Venture project in Rwanda. Rio Tinto has the option to invest US$7.5 million in two stages to earn up to a 75% interest in the Licence, and the Project holds 19 identified pegmatite zones covering a 2,750-hectare area in southern Rwanda, benefiting from proximity to good infrastructure. This transformative deal showcases Aterian's ability to identify world-class deposits in critical minerals like lithium and highlights Rwanda's potential as a mining jurisdiction in the global electrification push.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
Phil Carroll and Kevin Hornsby talk to Charles Bray and Simon Rollason regarding the news that Aterian has entered into a definitive Earn-In Investment and Joint Venture Agreement with Rio Tinto Mining and Exploration Ltd (RIO) and Kinunga Mining Ltd. The agreement aims to explore and develop lithium and by-products at the HCK Joint Venture project in Rwanda. Rio Tinto has the option to invest US$7.5 million in two stages to earn up to a 75% interest in the Licence, and the Project holds 19 identified pegmatite zones covering a 2,750-hectare area in southern Rwanda, benefiting from proximity to good infrastructure. This transformative deal showcases Aterian's ability to identify world-class deposits in critical minerals like lithium and highlights Rwanda's potential as a mining jurisdiction in the global electrification push.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
15 min