Lithium Investing

Pan Asia Metals Exec Touts Southeast Asia’s Critical Metals Production Prospects

Lithium Investing

ASX-listed Pan Asia Metals touts Southeast Asia’s critical metal production prospects

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“We do have some emerging neighbours, which is great. The more the better, because it brings a lot of the people and infrastructure we want, and the investor focus," said Pan Asia Metals Executive Chairman and Managing Director Paul Lock.

A relatively mining-friendly jurisdiction, a well-developed manufacturing industry and a low-cost operational environment make Southeast Asia an attractive proposition for exploration and mining companies, as well as investors.

This is according to Paul Lock, whose company Pan Asia Metals (ASX:PAM), is exploring for battery and critical metals at its highly prospective assets in the Southeast Asian tin-tungsten belt.

“Southeast Asia is an emerging battery and electric vehicle ecosystem … in fact, Thailand is the fourth largest auto producer in Asia, and the largest in Southeast Asia,” said Lock, Pan Asia Metals’ executive chairman and managing director.

Pan Asia Metals currently has the only licenced lithium project in Southeast Asia, according to Lock, which places the company at a significant advantage. “We do have some emerging neighbours, which is great. The more the better, because it brings a lot of the people and infrastructure we want, and the investor focus,” he added.

The company has three projects in Thailand: the Reung Kiet lithium project, the company’s flagship asset; Kata Thong, which is its second lithium project; and Khao Soon, which contains tungsten deposits. Beyond mining, the company has plans to expand its capabilities to produce lithium carbonate and explore a joint venture to develop cathode active materials to serve the booming industries in the region.

“Our market will be the battery and auto manufacturers in Southeast Asia. Some of them will be Chinese, some of them will be European, and I expect some of them will be US … there's a lot of representation from a lot of global companies in the jurisdiction,” Lock said.

The executive also shared that the company is expecting to soon release an update to its mineral resource estimate for the Reung Kiet lithium project.

“We're about to move from our current lithium prospect, where we've got currently 10.4 million tonnes of 0.44 percent Li2O. We'll be upgrading that in tonnes and upgrading that from inferred to indicated and measured. So that means we can take it through to a preliminary feasibility study,” Lock said.

Watch the full interview with Pan Asia Metals Executive Chairman and Managing Director Paul Lock above.

Disclaimer: This interview is sponsored by Pan Asia Metals (ASX:PAM). This interview provides information which was sourced by the Investing News Network (INN) and approved by Pan Asia Metals in order to help investors learn more about the company. Pan Asia Metals is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Pan Asia Metals and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

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