Platina deal on ice

COVID-19 disruptions have forced explorer Platina Resources to extend a memorandum of understanding with global trader Traxys Europe SA over potential funding for the company’s namesake scandium project in central New South Wales for another six months.

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Platina Resources’ pilot plant

Platina managing director Corey Nolan told the Australian Securities Exchange the extension of the MoU gave the parties more time to build a relationship while the markets were being disrupted by the