Anax Metals Limited (AU:ANX) has released an update.
Anax Metals Ltd and GreenTech Metals Ltd have signed a Memorandum of Understanding to potentially treat GreenTech’s Whundo base metal deposit at Anax’s Whim Creek processing hub, aiming to form a Pilbara Base Metal Alliance for copper production. The collaboration seeks to capitalize on the combined assets for operational and financial benefits, with the Whim Creek hub potentially becoming a major West-Australian copper producer. Both companies are committed to conducting feasibility studies and securing necessary permits.
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