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Tivan and Sumitomo advance JV for Speewah fluorite project
ASX-listed Tivan has reported progress in negotiations with Sumitomo towards establishing a binding joint venture (JV) for the development, financing, and operation of the Speewah fluorite project in Western Australia. The negotiations follow the execution of a memorandum of understanding (MoU) in December, outlining the non-binding terms for the JV. Over the past three months, both parties have worked to finalise no fewer than eight interrelated agreements necessary for theJV's establishment.
ASX-listed Tivan has reported progress in negotiations with Sumitomo towards establishing a binding joint venture (JV) for the development, financing, and operation of the Speewah fluorite project in Western Australia.
The negotiations follow the execution of a memorandum of understanding (MoU) in December, outlining the non-binding terms for the JV. Over the past three months, both parties have worked to finalise no fewer than eight interrelated agreements necessary for theJV's establishment.
