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GreenTech Metals and Anax Metals have signed a memorandum of understanding (MoU), marking the first step in forming a copper alliance in the Pilbara region of Western Australia.
The MoU would assess the potential to treat GreenTech base metals assets at Anax Metals’ proposed Whim Creek processing hub.
It would also see each company contribute resources and information to the joint assessment that will focus on technical studies and regulatory approvals at the Whundo copper-zinc project and other GreenTech base metals assets.
The joint assessment will assist the companies in developing the terms of a legally binding agreement that would allow ore from GreenTech base metal assets to undergo processing at Whim Creek. The MoU is set for a 12-month term.
“We are extremely pleased to take these first steps towards creating an expanded…
