Clean Teq Holdings owns a world-class, shallow, high-grade scandium/nickel/cobalt deposit at Syerston in outback NSW. The core elements within this deposit are critical ‘future economy’ minerals including:
• Scandium, used in light-weight alloy strengthening such as in jet aircraft, with Clean Teq recently signing a collaboration agreement with French giant, Airbus,
• Cobalt, which is used in lithium-ion batteries, for which the world’s rapidly evolving battery manufacturing industry has no reliable western world supplier.
Clean Teq is co-chaired by executive director, Sam Riggall, who was previously Rio Tinto’s lead negotiator on its enormous +US$20bn Oyu-Tolgoi copper mine in Mongolia. Riggall’s co-chair at Clean Teq is Robert Friedland, a billionaire resources industry veteran who recently addressed Clean Teq investors on a global roadshow and shared his vision of Syerston as being a game-changing project for Clean Teq.
The company also has a water purification business with pilot projects in China which we expect will be realised at a good premium to its current valuation in the short to medium-term.
Robert was appointed Head of Investments in 2009 and has been a Portfolio Manager since joining OC Funds Management in 2001. Robert is also an Executive Director of parent company, Copia Investment Partners. Robert is responsible for the...
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Richard Friedland??? Robert I think.....