CAPITAL MARKETS

Walkabout treks down 'Silk Road' for funding

GRAPHITE junior Walkabout Resource has signed an agreement with Chinese engineering company Yantai Jinpeng Mining Machinery Co for funding and building the Lindi graphite project in Tanzania, with the deal being the second time in two days Yantai has emerged as a backer of an ASX listed company focused on future growth markets such as battery storage.

Michael Quinn
Walkabout treks down 'Silk Road' for funding

As has emerged this week in the case of ASX-listed Ardiden at its lithium venture in Canada, the Walkabout deal is to involve Yantai building the Lindi project in Tanzania, and providing the funding (or...

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