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The latest update is out from Cobre Limited ( (AU:CBE) ).
Cobre Limited has announced successful beneficiation and thermal testing results for its High Purity Quartz (HPQ) project at Perrinvale, Western Australia. The tests confirm the viability of producing high purity silica products and smelter furnace feedstock, with significant interest from international stakeholders, including a Malaysian silicon smelting operation. The completion of an Aboriginal Cultural Heritage survey has cleared the way for further exploration, positioning the company to advance towards a Mineral Resource Estimate.
More about Cobre Limited
Cobre Limited is a company operating in the mining industry, focusing on the exploration and development of high purity quartz (HPQ) products. Their primary project, the Perrinvale Project, is located in Western Australia, where they aim to produce high purity silica end-products suitable for silicon smelting.
Average Trading Volume: 602,121
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$21.98M
For a thorough assessment of CBE stock, go to TipRanks’ Stock Analysis page.