Greta Minerals PTE Ltd, a Singapore-based company, has successfully acquired Lithium and REE (Rare Earth Elements) exploration assets in Western Australia. This marks a significant milestone in Greta Group’s growth strategy, enhancing its portfolio and expanding its operational footprint in Australia.
They now hold over 700 km2 of exploration tenements strategically located on the very prospective Ida Fault, focusing on exploring Lithium and REE assets.
The acquisition was successfully completed through the partnership with Mr. Tan, who is well-known for his appearances on the popular show Aussie Gold Hunters. He will be joining Greta Minerals as a director, bringing with him extensive expertise and industry knowledge, thereby enhancing the company’s position and capabilities.
Greta Group has a notable presence in various industries, including trading (ferrous and non-ferrous metals), agriculture, mining, and power generation. Greta Minerals aims to explore and develop mineral resource assets with a strong commitment to innovation, sustainability, and excellence.
Commenting on the occasion, Mr Nitesh Chaudhari, Chairman of the Greta Group, said: “We are happy to complete the acquisition, and this marks a pivotal moment for Greta Group as we expand our footprint in Australia’s rich mineral landscape. By broadening our asset portfolio, this acquisition enhances our capabilities in the highly lucrative sectors of Lithium, REE & Gold.”
Mr Rajshekhar Kudupali, the Managing Director of Greta Minerals PTE Ltd, noted: “The acquired tenements feature lithium-rich pegmatites and late-stage granitic intrusions similar to those at Mount Marion, indicating a strong potential for significant lithium and gold deposits. Our focus will be on driving forward with exploration and maintaining our commitment to responsible mining practices, ensuring long-term benefits for our company and the communities we operate in.”
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