By: Esmarie Swanepoel
Potash hopeful Elemental Minerals is contemplating the accelerated construction of its Kola sylvenite project, in the Republic of Congo, after receiving an investment proposal from Summit Private Equity.
Summit is looking to invest at least $40-million into ASX-listed Elemental, taking up shares in the company at a price of A$0.20 each. The investment will be subject to a number of conditions, including a due diligence and internal approvals. →