DYM – Dynamic Metals | Aussie Stock Forums

Dynamic Metals Limited was incorporated on 24 May 2022 as a wholly owned subsidiary of Jindalee Resources Limited (JRL) for the sole purpose of separating Jindalee’s Australian Assets into a standalone vehicle.

Dynamic’s initial portfolio of Australian Assets is comprised of three main mineral projects located in Western Australia, as well as non-contributing interests in several joint ventures over a range of commodities, and a portfolio of early-stage generative projects.

Following its IPO, the Company’s three main projects will be comprised of:

  • the 100% owned Widgiemooltha Lithium Nickel Project;
  • the 100% owned Lake Percy Lithium Nickel Project; and
  • the 80% owned Deep Well Nickel Copper PGE Project.

The Australian Assets are prospective for a range of “future facing” minerals critical to global efforts to decarbonise industry, being lithium, nickel and PGEs, as well as gold. The Widgiemooltha Lithium Nickel Project will be an initial focus for the Company given its significant land position in this proven lithium and nickel province, which boasts a number of operating mines.

It is anticipated that DYM will list on the ASX during January 2023.

 

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