Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Altamin Limited ( (AU:AZI) ) has shared an announcement.
Altamin Limited announced significant progress in its Lazio Project, a geothermal lithium in brine initiative, which received a A$3.62 million grant from the Italian Ministry of Environment and Energy Security. This project aims to utilize renewable geothermal energy to recover critical raw materials, offering a sustainable and cost-effective production method. Additionally, Altamin is exploring strategic partnerships for its Gorno Project and has made strategic changes to its board, raising A$4.39 million through a successful entitlement offer, enhancing its financial position.
More about Altamin Limited
Altamin Limited is a company operating in the renewable energy sector, focusing on geothermal energy and the extraction of critical raw materials such as lithium, boron, and potassium. The company is involved in innovative projects in Italy, aligning with the EU Critical Raw Materials Act and the UN’s Sustainable Development Goals.
YTD Price Performance: 36.84%
Average Trading Volume: 191,696
Technical Sentiment Signal: Hold
Current Market Cap: A$19.5M
See more data about AZI stock on TipRanks’ Stock Analysis page.