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The latest update is out from Buxton Resources Limited ( (AU:BUX) ).
Buxton Resources Limited has made significant progress in its Graphite Bull Project with the completion of spheroidised purified graphite testwork and ongoing qualification test work by BTR New Material Group. The company is working towards customer qualification and a resource update, which are essential for securing industry investment. The project’s advancements, including geological modeling and expanded resource estimation, position Buxton strategically in the graphite supply chain, potentially impacting stakeholders in the battery manufacturing sector.
More about Buxton Resources Limited
Buxton Resources Limited is engaged in the mining industry, focusing on the exploration and development of mineral resources. The company is currently advancing its Graphite Bull Project, which aims to produce high-quality graphite concentrate for use in anode production for lithium-ion batteries.
YTD Price Performance: -11.76%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.97M
See more insights into BUX stock on TipRanks’ Stock Analysis page.
