Clean TeQ Holdings Limited (ASX: CLQ) today announced their selection of Metallurgical Corporation of China Ltd (MCC) as a key project delivery partner for the Clean TeQ Sunrise Project, a sunrise nickel cobalt scandiums project in New South Wales.
Headquartered in Beijing, MCC is a China’s largest mining and metals engineering and construction group. It is a part of China’s mining company China Minmetals Corporation.
The heads of agreement were signed by both the parties for a fixed-price EPC contract covering detailed engineering and on-site construction of the project. The arrangement of EPC contract was made to avoid any financial and project execution risk. [optin-monster-shortcode id=”wxhmli4jjedneglg1trq”]
Following this agreement, Clean TeQ and MCC indicated their next move to finalise negotiations on the Front-End-Engineering and Design (FEED) contract, which is expected to be concluded in few weeks.
CLQ is trading at $0.545 showing no daily price movement on 30 August 2018 (5:07 PM AEST).
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.