Corcel plc has entered into a memorandum of understanding (MoU) for a proposed 50-50 joint venture (JV) for its interests in nickel-cobalt in Papua New Guinea (PNG). JOINT VENTURE Corcel and Shandong New Powder COSMO AM&T (NPC)’s JV company will be Integrated Battery Metals (IBM). The partners intend to create a Singapore-based JV which will […]
Tag: Shandong New Powder Cosmo AM&T
Corcel looks to binding deal for Mambare-Wowo Gap
Corcel plc said that its proposed off-take partner had invited the company to move to a binding agreement for supplies from the Mambare (41%) and Wowo Gap (100%) nickel-cobalt projects in Papua New Guinea. AGREEMENT In January 2022, the company signed a non-binding memorandum of understanding (MOU) with Shandong New Powder Cosmo AM&T (NPC). A […]