Neometals {ASX: NMT} the Australian based lithium producer has released an update on their Barambie titanium and lithium development project, located in Western Australia.

With titanium and vanadium prices at 5 years highs, NMT are evaluating the options to put this project into production.

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Neometals provides an update on their Barambie titanium/vanadium project in WA

Neometals {ASX: NMT} the Australian based lithium producer has released an update on their Barambie titanium and lithium development project, located n Western Australia.

With titanium and vanadium prices at 5 years highs, NMT are evaluating the options to put this project into production.

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Barambie is a high grade project for both metals, and the current high prices make this very attractive.

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The high prices have been partly caused by the closure of 89 Chinese mines due to environmental concerns.

To read the full news release, please click HERE

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