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Blackstone Minerals Merges with IDM to Acquire Mankayan Project

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The latest update is out from Blackstone Minerals Ltd ( (AU:BSX) ).

Blackstone Minerals Limited announced a merger with IDM International Limited to acquire the Mankayan Copper-Gold Project in the Philippines, a significant copper-gold porphyry system. This acquisition positions Blackstone strategically in a region with high demand for copper, driven by renewable energy and electric vehicle advancements, potentially enhancing its market presence and attracting investor interest.

More about Blackstone Minerals Ltd

Blackstone Minerals is a minerals exploration and development company listed on the Australian Stock Exchange (ASX:BSX). The company focuses on critical minerals exploration in South East Asia and owns the Ta Khoa Nickel-Copper-PGE Project in Northern Vietnam, where it is seeking a joint venture partner.

Average Trading Volume: 2,036,207

Technical Sentiment Signal: Buy

Current Market Cap: A$42.31M

For a thorough assessment of BSX stock, go to TipRanks’ Stock Analysis page.

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