Battery metals attract new exploration hopefuls
The increasing demand for minerals used in the manufacture of electric batteries, namely lithium, cobalt, nickel and manganese, is leading to greater interest in Guinea's natural resources.
Australian Prospect Resources may have just shed its flagship Zimbabwean lithium project to China's Zhejiang Huayou Cobalt, but this hasn't deterred investors Mitsubishi and Morgan Stanley from betting on the junior's future battery metals projects.
Haranga is trying to relist on the Australian stock exchange, banking on investor interest in its West African gold licences and in its Saraya uranium project. Saraya once belonged to UraMin, the company at the heart of a scandal involving Areva.