RE:Did Mitsubishi request to drill to check % of Molybdenum?Well, Mitsubishi Chemicals (not Mitsubishi Materials) does make EV batteries with Yuasa, MC and MM are both subsidiaries of Mitsubishi Kabushiki Kaisha (K.K.) so you never know. But, interesting, MM said this about copper:
March 27, 2023
Mitsubishi Materials Corporation
Capital participation in Canadian Western Copper and Gold Corporation
Participating in the Casino Copper Mine Project
Mitsubishi Materials Corporation has announced that it will acquire approximately 5% of the shares of Western Copper and Gold Corporation (Headquarters: Vancouver, Canada, Representative: Paul West-Sells, hereinafter "WRN") through a third-party allotment. We have reached an agreement with WRN to acquire the company for CAD 21 million and entered into a stock subscription agreement.
WRN owns 100% of the Casino Copper Mine Project (hereinafter referred to as the “Project”) located in the Yukon Territory in northwestern Canada. A new FS will be published in June 2022 after the Preliminary Economic Assessment. The aim is to start production in 2030, and it is highly economical because it has abundant resources and contains high-grade gold in addition to copper. In addition, the copper concentrate produced is expected to be clean ore with few impurities, and a stable supply of copper resources is expected over the long term until 2057. With this capital participation, our company will form a technical committee with WRN.