RB Energy presses on with sale of iodine, lithium, facilities

By Siobhan Lismore-Scott
Published: Thursday, 05 February 2015

While there are no assurances that RB Energy will find a buyer for its facilities, the fact that it has received some expressions of interest could mean that a larger producer is looking to expand supply, or there could be a new lithium or iodine player on the market soon.

Beleaguered lithium and iodine junior RB Energy today said that it has received a number of non-binding offers for its production operations, which will now move to a bidding process.

"The company received a number of letters of intentions and, with its advisors, has reviewed these non-binding proposals....

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