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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Post by ErinBrockovichon Sep 01, 2023 10:29am
101 Views
Post# 35615847

Force Majeure

Force Majeure

 

Force majeure. TTX May claim things are out of there control soon. Macro events in DRC are not favourable for a fledgling operation like this one. Eastern DRC is a warzone. TTX is close to it. Over 6 million internally displaced people in country. At the same time the company must adhere to a high ethical standard proving its extracted tin and tantulum are conflict free. No easy task. 

Typical force majeure events include natural disasters (fire, storms, floods), governmental or societal actions (war, invasion, civil unrest, labor strikes), and infrastructure failures (transportation, energy).


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