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Rolek Resources' near-term manganese project viable for multiple markets

Last updated: 12:35 19 Oct 2018 AEDT, First published: 21:35 18 Oct 2018 AEDT

Rolek Resources Ltd (ASX:RLK) managing director Ian Stuart speaks to Proactive Investors about the company's newly-acquired advanced Barramine Manganese Project and its near-term development strategy.
 
"The Barramine Manganese Project is unique in that it's had a lot of work done on it previously, some $7 million worth of drilling, over 300 holes, and a very solid comprehensive body of geological work," Stuart says.
 
He continues, "so it's a near-term production opportunity for us. 
 
"Manganese is a vital component in steelmaking and the price is always underpinned by steel - the market grows about 2% year-on-year. Increasingly it's being used more and more as a component in cathode material in the battery space."

Shaw River Resources One2One Investor Presentation 2 Mar 2011

Vincent Algar of Shaw River Resources updates investors at the Proactive Investors One2One forum: "Emerging Stars in Resources 2011 Series" on 2 March 2011

on 3/3/11