The project will produce lithium carbonate equivalent (LCE) for the battery market over a 23-year period.
MOU is a further step in the direction to be part of the Western world's REE supply chain, says CEO.
The results from about 8,730 metres across 52 drill holes were part of Graphite One’s largest exploration program in the company’s history at the Graphite Creek project.
The bill, voted 80-20 by lawmakers on Tuesday, allows commercial mineral exploration, but mining licences won't be given just yet.
Looking ahead, the company is expecting its gold production to fall between 275,000 and 300,000 oz. in 2024.
Using electrochemical extraction, a new material attracts hard-to-get uranium ions from seawater more efficiently than existing methods.
La Preciosa hosts one of Mexico's largest undeveloped primary silver resources and is located about 19km from the company's Avino mine.
It will begin curtailment of the Western Australia refinery in the second quarter, and cease all output of alumina by the third.
Mansfield Consulting examined 14 potential critical mineral mines and two mine extensions, and found the long-term economic impact of operations over several decades could be nearly C$800 billion ($599bn).