November 22, 2016 / 12:22 PM / a year ago

BRIEF-Lithium Americas' subsidiary Hectatone announces royalty agreement with Delmon

Nov 22 (Reuters) - Lithium Americas Corp -

* Forecasts revenues in 2017 to be derived primarily from environmental, industrial coatings, animal feed, and drilling fluid markets

* As consideration for technical assistance, RMI will receive US$1.2 million in progress payments

* Under agreement, RMI will also receive royalties from future Delmon plant production

* Delmon and RMI expect to commission new facility in January, 2018

* Lithium Americas’ subsidiary Hectatone Inc. announces a technical assistance and royalty agreement with Delmon in Saudi Arabia and provides business update Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below