Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI, FRA:8CD1) executive chairman Ian Stalker talked with Proactive's Stephen Gunnion about the company's strategic partnership with Rio Tinto’s Kennecott division and what it means for the Whistlejacket lithium project in Arizona.
Stalker explained that Bradda Head is earning up to 60% ownership in the Whistlejacket project, with Rio Tinto maintaining an interest and offering support. He emphasised the significance of having a major like Rio Tinto involved, noting that “RTZ are a huge supporter of what we're doing.” According to Stalker, the partnership follows nearly a year of discussions, starting from the PDAC conference in Toronto.
He said Bradda was selected because of its track record, professional management, and previous success in the US lithium space, particularly in Arizona. The proximity of Whistlejacket to Bradda’s existing San Domingo project creates potential synergies, enabling the company to leverage a single management structure and streamlined operations.
Stalker also addressed the scale of the opportunity, stating that while the project may not be a tier-one asset, it fits well in the tier two or three category. He said the goal now is to grow a sizable and economic lithium resource by combining San Domingo and Whistlejacket.
He further highlighted the company’s diversified lithium portfolio in Arizona, noting, “Bradda itself is not only hard rock lithium in the Spodumene scenario, we still have our existing NI 43-101 compliant resource and the lithium in clays.”
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