Will Dawes, chief executive of ’s (), caught up with Proactive London's Andrew Scott to discuss progress at its flagship Songwe Hill rare earth project in Malawi.
Commodities trader Talaxis has committed £12mln at the project level, with a view to supporting further exploration and to hitting certain development milestones.
That investment as it stands will net out at a 49% interest for Talaxis once the project is taken through the bankable feasibility stage.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...
FOR OUR FULL DISCLAIMER CLICK HERE