Diatreme boosts Cyclone mineral sands outlook with major recovery gains

Diatreme Resources Limited ( (AU:DRX) ) just unveiled an announcement.

Diatreme Resources has reported completion of metallurgical testwork and flowsheet optimisation for the Cyclone Project’s processing plants, delivering substantially higher projected recoveries and product yields. The work by Mineral Technologies confirmed a step change in heavy mineral recovery from earlier studies and underpins a materially stronger production outlook.

Life-of-mine heavy mineral concentrate output is now forecast to rise 58.3% to 3.2 million tonnes, with zircon production up 6.8% to 866,000 tonnes and titanium concentrate almost doubling to 1.6 million tonnes. The improved flowsheet also removes the need for hot acid leaching, enhances product purity and supports ongoing talks with potential offtake and investment partners, potentially improving Cyclone’s economics and strategic positioning in critical mineral supply chains.

The most recent analyst rating on (AU:DRX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Diatreme Resources Limited stock, see the AU:DRX Stock Forecast page.

More about Diatreme Resources Limited

Diatreme Resources Ltd is an Australian-listed exploration and development company focused on zircon-rich heavy mineral sands projects. Its flagship Cyclone Project is located in Western Australia’s Eucla Basin and targets production of zircon and titanium concentrates for strategic and industrial markets.

Average Trading Volume: 765,244

Technical Sentiment Signal: Sell

Current Market Cap: A$85.14M

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