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Diatreme Resources Expands Silica Sands Dominance with Strategic Acquisition

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Diatreme Resources Expands Silica Sands Dominance with Strategic Acquisition

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An update from Diatreme Resources Limited ( (AU:DRX) ) is now available.

Diatreme Resources Limited has strengthened its position as Australia’s leading silica sands miner through the successful acquisition of Metallica Minerals Limited, expanding its resource base to 463 million tonnes. The company is advancing its Northern Silica Project with regulatory approvals and has secured international partnerships, positioning itself to meet the growing demand from the global solar industry.

More about Diatreme Resources Limited

Diatreme Resources Limited is a leading Australian company in the silica sands mining industry. The company focuses on producing low iron, high purity silica sand, which is essential for the solar energy sector. Diatreme has a significant presence in North Queensland, particularly around Cape Flattery, and is committed to community engagement and sustainable development.

Average Trading Volume: 1,176,158

Technical Sentiment Signal: Sell

Current Market Cap: A$100.2M

Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.

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