Red Dirt Metals: Signs MoU for potential Mt Ida offtake deal, WA

Red Dirt Metals Signs MoU for potential Mt Ida offtake deal, WA

• Red Dirt Metals (RDT) signs a memorandum of understanding (MoU) with VinES Energy Solutions Joint Stock Company for future offtake and cooperation plans
• This agreement relates to the production of future spodumene concentrate from Red Dirt’s flagship Mt Ida lithium project in Western Australia
• VinES, a member of the largest private conglomerate in Vietnam, may offtake up to 45,000 tonnes of spodumene concentrate per annum
• Red DirtMetals says this agreement is another key step in its plans to begin mining at Mt Ida before the end of 2023
• RDT shares are down 3.45 per cent to 42 cents at 11:51 am AEDT