Trident Royalties Maximizing Returns with Strategic Portfolio, CEO Says
Trident Royalties (LSE:TRR,OTCQB:TDTRF) holds a net 1.05 percent gross revenue royalty over the Thacker Pass lithium project, which was recently granted a conditional loan commitment of US$2.26 billion by the US Department of Energy. According to CEO Adam Davidson, Thacker Pass royalty receipts are expected to impact Trident’s revenue dramatically. “People invest in mining equities because 80+ percent of mines that are built extend their life or expand the production profile. But we still get exposure to that, obviously getting exposure to their revenue. If they extend the mine life, we still ...