Surefire Resources NL (ASX:SRN) managing director Paul Burton joins Proactive’s Jonathan Jackson to discuss the recently signed MoU with Saudi-based Ajlan & Bros Mining and Metals Company for a potential joint venture for the development of the Victory Bore Vanadium Project in Western Australia. Additionally, the two will collaborate to establish a mineral processing facility in Saudi Arabia dedicated to processing magnetite concentrate from the project. The MoU outlines a framework where Ajlan & Bros Mining Company will invest in the Victory Bore Project. This arrangement envisions shared ownership between Surefire and Ajlan of both the Victory Bore Project and the Saudi Arabian processing facility. Burton also discusses the Victory Bore Project and the recent pre-feasibility study as well as the company’s growing relationship in the Kingdom of Saudi Arabia.
Surefire Resources signs milestone MoU with Saudi-based mining and metals company
