GMM 0.00% 65.5¢ general mining corporation limited

Mt Cattlin gets offtake agreement

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    “These sales represent a tremendous step forward for the Mt Cattlin operation, and validate the work General Mining has done to reoptimise the process flow sheet,” said General Mining executive chairperson Michael Fotios. “The company is very pleased that it has been rewarded for a careful and prudent approach to agreeing its maiden concentrate sales, and we look forward to long and successful relationships with our new customers.” Fotios said that beyond these initial sales, forecast demand for the company’s key product looked very robust in the short- to medium-term and General Mining, which would be the world’s largest independent supplier of spodumene concentrate in 2016, was well positioned to help meet demand from the lithium carbonate and lithium hydroxide refining markets, and the cathode market.”
    http://www.miningweekly.com/article/mt-cattlin-gets-offtake-agreement---general-mining-2016-03-08
 
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