Former Northern Star Resources boss Bill Beament is set to make the leap into lithium with the support of Mineral Resources billionaire Chris Ellison, two years after declaring that “gold is not green”.
Mr Beament’s Develop Global has struck a deal to acquire Essential Metals and its Pioneer Dome lithium project near Kalgoorlie via an all-scrip bid that values Essential at about $152.6 million.
Loading...
Brad Thompson was a reporter at The Australian Financial Review
