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Chilwa Minerals Ltd ( (AU:CHW) ) has provided an update.
Chilwa Minerals Limited has announced positive metallurgical testwork results from its Mposa deposit, which will inform the development of a flowsheet for its Lake Chilwa Critical Minerals Project. The testwork has demonstrated the viability of producing commercial-grade ilmenite and indicates potential additional revenue streams from zircon, rare earth minerals, and garnet. This progress strengthens Chilwa’s position in the critical minerals market and supports the project’s status as a multi-commodity initiative. The ongoing scoping study, expected to be completed by Q4 2025, will further define the project’s potential and optimal product suite.
More about Chilwa Minerals Ltd
Chilwa Minerals Limited operates in the mining industry, focusing on the extraction and processing of critical minerals. The company is engaged in the development of the Lake Chilwa Critical Minerals Project, with a particular emphasis on heavy mineral sands, including ilmenite, zircon, garnet, and rare earth minerals.
Average Trading Volume: 39,488
Technical Sentiment Signal: Buy
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