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Diablo Resources Expands Phoenix Copper Project Amid Rising Copper Demand

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Diablo Resources Expands Phoenix Copper Project Amid Rising Copper Demand

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The latest announcement is out from Diablo Resources Limited ( (AU:DBO) ).

Diablo Resources Limited has expanded its Phoenix Copper Project in the southwestern USA by securing additional claims over the Philly Fault Zone. This expansion is strategically significant as it enhances the project’s potential, especially given the U.S. Interior Department’s proposal to add copper to the 2025 Critical Minerals List, highlighting its importance for the economy and national security.

More about Diablo Resources Limited

Diablo Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with copper, a critical mineral with growing demand due to its strategic role in the clean energy transition.

Average Trading Volume: 2,548,761

Technical Sentiment Signal: Buy

See more data about DBO stock on TipRanks’ Stock Analysis page.

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