25.4 C
Belgrade
Supported byspot_img
spot_img

Surefire Resources enters partnership with RASI Investment for development of Victory Bore vanadium project

Member of Europium Groupspot_img
Supported byspot_img

Surefire Resources has inked a deal with Saudi Arabia’s RASI Investment Company, marking the second such agreement with a local firm since discussions began in August.

RASI has established a fund specifically for international investments in mining, manufacturing, and laboratory sectors, aligning with Saudi Arabia’s economic growth strategy.

The agreement allows for negotiations on investment, co-participation, and offtake activities. Surefire plans to engage with Saudi partners to develop its Victory Bore vanadium project in Western Australia. The company’s strategy involves leveraging local incentives for resource projects, following a vanadium processing deal secured with the Ministry of Investment in August.

Supported byElevatePR Digital

Related News

Pan Global begins first exploration at Bravo target within Spain’s Escacena project

Pan Global Resources Inc. is excited to announce the start of its first exploration program at the Bravo target, part of the Company’s 100%-owned...

Red Hawk Mining advances Blacksmith iron ore project in Western Australia, aiming for 5Mtpa production

The Blacksmith iron ore project, located in Western Australia’s Pilbara region, is set to be developed as a direct shipping ore (DSO) operation. Led...

Metals Australia launches first phase of exploration at Quebec’s Corvette river project

Metals Australia has initiated the first phase of its exploration program at the Corvette river lithium, gold, copper and silver project in Quebec, Canada....

C29 Metals applies for new licences to expand Ulytau uranium project in Kazakhstan

C29 Metals has submitted two new licence applications in southern Kazakhstan, extending the coverage around its Ulytau uranium project to a total area of...
Supported by
Supported by
Supported by
error: Content is protected !!