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Alliance Mineral Assets and Burwill agree to alter terms of Bald Hill Project off-take agreement

PC Lee Published on Thu, Oct 05, 2017 / 8:02 AM GMT+8

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SINGAPORE (Oct 5): Alliance Mineral Assets is altering the terms of the lithium concentrate off-take agreement from its Bald Hill Project with Hongkong-listed Burwill Holdings.

See: Burwill to pay A$25 mil for exclusive selling rights to Alliance Mineral Assets’ Bald Hill lithium

Among terms of the latest deal, the third and final offtake of A$4.375 million ($4.7 million) due to Alliance Mineral will no longer be paid by Burwill.

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