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Resources Stocks Down Under 12 August 2021: Jindalee Resources, Renascor Resources, Vimy Resources
Jindalee Resources: Taking on America’s lithium vision
In today’s edition of Resources Stocks Down Under, Jindalee Resources is fast becoming one of America’s new lithium plays. Although the company has a bevy of mineral projects and investments largely located in Western Australia, three years of hard work at its new flagship McDermitt Lithium Project in the state of Oregon has created new possibilities as well as a jump in the share price. Although it’s early days, Jindalee sees McDermitt as its avenue into the country’s highly profitable battery and Electric Vehicle industry.
Also in today’s edition, a look at non-toxic graphite producer Renascor Resources (ASX: RNU) and uranium developer Vimy Resources (ASX: VMY).
Click here to read the previous edition of Resources Stocks Down Under published 5 August 2021