on Electric Royalties Ltd. (isin : CA28500L1094)
Electric Royalties Updates on Lithium, Graphite, Copper, Nickel, and Tin Royalties
Electric Royalties Ltd. has announced updates on its diverse royalty portfolio. The company is closely monitoring its Penouta, Authier, and Graphmada royalties for new cash flow opportunities.
The Penouta tin-tantalum mine's permit appeal decision will be announced by May 31. Production at the mine had increased by 20% prior to its suspension last November, coinciding with a 30% rise in tin prices.
At the North American Lithium project, partners Sayona Mining and Piedmont Lithium continue to ramp up operations, with Authier deposit expected to contribute to production. Meanwhile, Greenwing Resources' Graphmada graphite mine is targeting a larger scale return to production.
The Zonia copper oxide project is also making strides, with a focus on completing a feasibility study. The Graphite Bull project and Kenbridge Nickel project have also shown promising developments, further adding to Electric Royalties' diverse portfolio.
R. H.
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