Global Advanced Metals to Mine Tantalum at Greenbushes
Albemarle Corporation (ALB)
Last albemarle corporation earnings: 2/19 04:15 pm
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Source: Business Wire
WALTHAM, Mass. & PERTH, Australia--(BUSINESS WIRE)-- Global Advanced Metals (GAM), the world’s leading integrated and conflict-free provider of tantalum products, announces that it has commenced the process to start direct tantalum mining operations at its Greenbushes Mine assets in Western Australia, commencing within the next 12 months. Currently GAM exercises the Company’s rights to receive tantalum extracted by Talison Lithium during active lithium bearing spodumene mining operations at Greenbushes. GAM has prepared and submitted to Talison Lithium a formal Mine Development Plan outlining how mining tantalum at Greenbushes can commence in the next 12 months. Greenbushes is located in the south west region of Western Australia and for decades was a significant source of the world’s tantalum supply. GAM plans to redevelop its Greenbushes assets, combining the planned tantalum minin
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