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Decade Resources ( (TSE:DEC) ) has provided an update.
Decade Resources Ltd. has acquired a 1742-hectare antimony claim in the Golden Triangle area of British Columbia, an area known for its rich mineral deposits. The acquisition comes amid increasing global demand for antimony, a critical mineral used in various industries, due to its applications in defense, energy storage, and electronics. The project area will be evaluated for antimony content, which holds strategic importance following China’s recent export ban to the US, raising supply chain concerns. This strategic move positions Decade Resources to potentially benefit from the rising antimony demand and its applications in renewable energy and military sectors.
More about Decade Resources
Decade Resources Ltd. is a Canadian mineral exploration company focusing on opportunities in the resource sector. The company holds various properties at different stages of development and exploration, all located in the ‘Golden Triangle’ area of northern British Columbia.
YTD Price Performance: -12.50%
Average Trading Volume: 101,461
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$5.15M
Find detailed analytics on DEC stock on TipRanks’ Stock Analysis page.
