Australasian approves KEMET deal, looks at refinery option

AUSTRALASIAN Gold Mines could be refining tantalum from its Dalangara project by this time next year if talks with a major aerospace company next month prove positive, managing director Michael Fotis said today.

"This company has enough metal for this year's consumption, but it has contracts for four years and hasn't got the metal so it has to go out and secure it," Fotis said.