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AustChina Holdings Limited ( (AU:AUH) ) has issued an announcement.
AustChina Holdings Limited is advancing its Blackall Coal Project by exploring low-carbon technologies and assessing mineral compositions for new product development. The company has acquired Penwortham Exploration Pty Ltd, expanding its portfolio with gold-antimony and base metals projects in Tasmania. Fieldwork is planned for the Mersey VMS project, and drilling is set to begin at Sulphide Creek. AustChina is also considering acquiring interests in Eastern Victoria, which would further diversify its mineral resources. The company has welcomed a new Non-Executive Director, Jerko Zuvela, to support its growth initiatives.
More about AustChina Holdings Limited
AustChina Holdings Limited operates in the resources and energy sector, focusing on leveraging its assets to meet the rising demand for energy and materials driven by global technological advancements. The company is involved in innovative low-carbon technologies for energy generation and explores alternative product streams to enhance sustainability and efficiency.
Current Market Cap: A$6.05M
For detailed information about AUH stock, go to TipRanks’ Stock Analysis page.