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The latest announcement is out from Castile Resources Ltd ( (AU:CST) ).
Castile Resources Ltd has added bismuth as a by-product to its Rover 1 Bankable Feasibility Study, capitalizing on the recent surge in bismuth prices due to Chinese export restrictions. This strategic move positions Castile as one of the few Australian companies with a significant bismuth resource, providing a competitive edge in the market. The company is also advancing its exploration efforts using innovative Ambient Noise Tomography technology and engaging in international discussions to secure financing for the Rover 1 Project, aiming to reduce Western reliance on Chinese mineral supplies.
More about Castile Resources Ltd
Castile Resources Ltd is an Australian company involved in the mining industry, focusing on the extraction and production of critical minerals such as bismuth, gold, and copper. The company is notable for its Rover 1 Project, which includes a significant mineral resource estimate of bismuth, a critical mineral with strategic importance in defense applications.
Average Trading Volume: 257,434
Technical Sentiment Signal: Sell
Current Market Cap: A$17.73M
Find detailed analytics on CST stock on TipRanks’ Stock Analysis page.