Blackstone Minerals Ltd (AU:BSX) has released an update.
Blackstone Minerals Ltd has secured a $1 million advance against its 2024 refundable R&D tax offset, bolstering its cash position to approximately $4.1 million. This funding boost will facilitate the completion of Blackstone’s Ta Khoa Refinery feasibility study and aid in the establishment of a joint venture partnership for the Vietnamese project. The company, which is working towards producing low-emission nickel products for the battery industry, emphasized its commitment to sustainable mining and supply chain integration.
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