Terramin Australia Limited (ASX: TZN) announced that OZ Minerals Limited has agreed to collaborate with its joint venture partner in investigating the In-Situ Recovery (ISR) of copper at the Kapunda Copper Joint Venture. OZ Minerals has agreed to fund AU$2.5 million over 18 months period to further extend the previous work undertaken in cooperation with CSIRO and the University of Adelaide under a CRC-P grant (Commonwealth Research Centre Project).
The company also highlighted that there would be no change in its economic interest in the joint venture after this collaboration.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
