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CMC makes first lithium play

ASX-listed China Magnesium Corp (CMC) has taken a punt on a lithium project in Western Australia, just 2km from the largest hard-rock spodumene operation in the world, Greenbushes.

CMC makes first lithium play CMC makes first lithium play CMC makes first lithium play CMC makes first lithium play CMC makes first lithium play

The Greenbushes mine in Western Australia has been in operation since 1983

Focused on magnesium, semi coke, tar oil and other industrial products, CMC could not pass up the opportunity to secure a 40% interest in a strategically-located lithium-tantalum exploration project