Kidman preparing submission to WA Mines Minister

KIDMAN Resources is preparing a detailed submission to present Western Australia Mines Minister Bill Johnston as to why there should be no issues with regards ownership of the Mt Holland lithium project after the Warden made a recommendation to the Minister potentially putting tenements at the project at risk.

Kidman preparing submission to WA Mines Minister Kidman preparing submission to WA Mines Minister Kidman preparing submission to WA Mines Minister Kidman preparing submission to WA Mines Minister Kidman preparing submission to WA Mines Minister

The issue revolves around a claim that not enough expenditure occurred on tenements comprising the Mt Holland project over a period 2-3 years ago.

"Kidman notes that, even if the findings of fact are accepted (which Kidman does not), the Warden's assessment of the previous owner's expenditure shortfall on the core group of tenements … was $102,771 which is not material in the context of the opportunity that the Mt Holland project represents for all relevant stakeholders," Kidman said today.

Kidman and partner Chilean lithium heavyweight SQM have reportedly so far invested $55 million in the project, and expect to create 350 full time jobs by 2021 if the development (including downstream refinery to produce lithium hydroxide at Kwinana near Perth), goes ahead.&n...