Bryah (ASX: BYH) confirms copper-manganese future

Bryah Resources’ plans to spin off its Lake Johnson lithium asset as Mining Green Metals IPO, speaks volumes on the its commitment to its core copper and manganese focus.

Bryah has confirmed its new lithium subsidiary will be a vehicle for dedicated exploration of a range of energy transition minerals.

Meanwhile it will concentrate on rearing up copper and manganese assets in Western Australia as both resources shape into strong future demand.

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Bryah will hardly lose an interest in lithium, and Mining Green Metals will be centred around its lithium-nickel project at Lake Johnston, and it considers the initial MG1 assets prospective for all of nickel, lithium, copper, platinum group elements and uranium.

Lake Johnston has been the subject heightened exploration after the establishment of the world class Mount Holland Lithium mine and its globally significant 189Mt at 1.5% Li2O hard rock Earl Grey lithium deposit, with fellow explorer Charger Metals soon anticipating its own expansive set of drilling results from the area.

While not holding the headline-grabbing appeal of lithium, the simple truth is that Dr Copper remains standing as the primary output of eight out of ten of the world’s most valuable base and precious metal mines, and with consumption set to double by 2035, a potential supply crunch looms heavy.

Bryah holds both its copper-gold-nickel assets near the historic gold town of Meekatharra, where copper exploration has fired up targeting deeper volcanogenic massive sulphide style mineralisation with the continued discovery of high-grade deposits.

And Bryah will not lose sight of the mighty lithium-ion battery within the existing company, already holding a maiden manganese resource of 1.84Mt at 21% Mn and the opportunity to develop low-cost mining operations at its Bryah Basin joint venture as demand for the battery-critical mineral rises in tune with electric vehicle and energy storage industries.

View the Mining Green Metals prospectus.

BRYAH RES FPO [BYH]

Sector: Basic Materials

Industry: Other Industrial Metals & Mining

Employees:

Bryah Resources Limited operates as a mineral exploration company in Australia. The company explores for gold, copper, nickel, manganese, and base metal deposits. It holds interests in the Bryah Basin project covering an area of 1,048 square kilometers located in central Western Australia; and 100% interest in the Gabanintha project covering an area of 80 square kilometers situated to the south of the town of Meekatharra, Western Australia. In addition, the company holds interest in the Lake Johnston lithium-nickel project comprising nine exploration licenses located in Western Australia. Bryah Resources Limited was incorporated in 2017 and is based in Leederville, Australia.

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