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Arcadia Minerals Launches Competitive Bidding for Swanson Mine Funding

6:12pm on Sunday 1st of June, 2025 AEST Mining
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Arcadia Minerals Launches Competitive Bidding for Swanson Mine Funding

6:12pm on Sunday 1st of June, 2025 AEST
Key Points
  • Swanson Tantalum Mine funding agreement with HeBei terminated; competitive bidding process launched
  • Ongoing joint venture discussions for TVC Ta-Li, TVC Ni-PGE, Bitterwasser Lithium, and Karibib Copper Gold projects
  • Bitterwasser Lithium licences maintained amid subdued lithium market sentiment
  • Significant cost reductions achieved through local partnerships
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