RE:Rio TintoWhat ever happen to the JV partner that had mining experience as per March 22/17 news release? They must have walked. These people are only commodity traders.
This prospective partner meets Erin's criteria because of its ability to provide capital required to advance the Piskanja project towards production, as well as mining expertise, and boron-specific expertise. Due to the nature of the boron market, Erin believes that its best course of action to effectively penetrate the market in a timely manner while maximizing returns to shareholders, is to secure strategic partners who are well established in various facets of the tightly controlled boron industry - from production, to sales, to the manufacture of boron-derivative products.