MinRes calls time on McIntosh graphite joint venture

Leading Australian mining services provider Mineral Resources (ASX: MIN) has called time on the McIntosh graphite joint venture after notifying Hexagon Resources it was exiting the deal with effect from 31 October. The McIntosh tenements, south of Kununurra in Western Australia's Kimberley region, will revert 100% to Hexagon. MinRes entered into the McIntosh JV in March 2018 to increase its exposure to the battery materials sector.