Australian Silica Quartz Group (AU:ASQ) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Australian Silica Quartz Group Limited has initiated a drilling project at its Quartz Hill MGSi Project to obtain samples for detailed metallurgical testing. These tests aim to determine the viability of the high-purity quartz resource for supporting a proposed state-of-the-art polysilicon manufacturing facility by Quinbrook Infrastructure Partners near Townsville, Queensland. The project, which boasts a significant mineral resource estimate, is part of a strategic partnership and is fully funded by Quinbrook’s investment.
For further insights into AU:ASQ stock, check out TipRanks’ Stock Analysis page.