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Alliance Mineral CEO: Better terms in latest agreement with Burwill

Published Mon, Oct 9, 2017 · 09:50 PM
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Singapore

CATALIST-LISTED Alliance Mineral Assets Ltd got much better terms in its recently concluded renegotiations with Burwill Commodity which is also funding and taking an equity stake in the lithium mining company in Western Australian, said its CEO.

The company got more "lenient" terms from Burwill in the commercial re-negotiation, said Tjandra Pramoko, Alliance Mineral chief executive who flew to Singapore to speak to The Business Times on Monday.

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