Kidman Resources granted as ’Lead Agency’ by WA Govt

Company News

by Jessica Amir

Lithium miner, Kidman Resources’ (ASX:KDR) Mt Holland project near Southern Cross, has been granted as a ‘Lead Agency Service’ by the Western Australian Government.

The endorsement by WA Premier Mark McGowan covers the development of the mine, processing plant and refinery.

Kidman Resources says this reinforces the potential economic contribution that the proposed open pit mine can bring not only to the local shire but as a standalone Australian lithium refinery.

Following its scoping study which defined production targets, its site selection for the refinery to produce lithium hydroxide and or carbonate is well underway.

Shares in Kidman Resources (ASX:KDR) are trading about 2.7 per cent higher at $1.34.
 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.