CRITICAL METALS IN A LOW COST JURISDICTION
Pan Asia Metals (“Pan Asia” or “the Company”) is a recent listing on the ASX, with a focus on developing “critical” metals projects in the emerging economic powerhouse of SE Asia. The overall strategy is to concentrate on those commodities and jurisdictions that provide the opportunity for low cost operations with the potential to value add, and thus maximise returns. As such, SE Asia, a low operating cost region with strong economic growth when compared to other jurisdictions has been targeted.
The initial projects include tungsten and lithium properties located in the Southeast Asian Tin- Tungsten Belt in Thailand, the 21st largest economy globally. Both commodities are considered “critical” in terms of supply and economic importance by the USA and European Union, and also present the opportunity to undertake downstream processing should economically viable deposits be found. This strategy is also in concert with Thailand’s “Thailand 4.0” development strategy, which is looking towards high return, value add industry.
Independent Investment Research – Pan Asia Metals Limited (ASX: PAM)
By Gavin Wendt, IIR
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