Corella Resources Ltd (AU:CR9) has released an update.
Corella Resources Ltd is moving forward with its kaolin operations, underpinning its High Purity Alumina strategy, with a feasibility study for a full-scale processing operation and direct ship ore testing for early revenue generation. The firm’s strategy is centered on starting production in 2024, using initial cash flow from direct shipping to fund the development of a high-margin kaolin wash plant. Concurrently, Corella is exploring for critical minerals in its tenements, with the latest field samples set for testing, marking progress in its comprehensive exploration program.
For further insights into AU:CR9 stock, check out TipRanks’ Stock Analysis page.