Neometals managing director Chris Reed.

Neometals secures backing for lithium mine

Australia is likely to emerge as the clear leader in global lithium production after Perth companies Neometals and Mineral Resources today announced an offtake and funding agreement with a Chinese producer for the planned Mt Marion mine.


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Bold statement, look at the possibiltys of Sonora in Mexico. There is a lot of lithium from the clays at good ppm Early stages but massive potential to be the worlds number 1.

Fair commentary but Mexico isn't in the top 8 at this point so it might be some years yet before they hit the lead. They'll have an advantage with a very big market on their doorstep, however. Thanks for your feedback!

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