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Dynamic Metals and Mineral Resources Revise Widgiemooltha Lithium JV Terms

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Dynamic Metals and Mineral Resources Revise Widgiemooltha Lithium JV Terms

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An announcement from Mineral Resources Limited ( (AU:MIN) ) is now available.

Dynamic Metals Limited, in collaboration with Mineral Resources Limited, has announced updates to their Widgiemooltha Lithium Joint Venture. The revised agreement extends the earn-in period by two years and adjusts the Stage 2 earn-in requirement to $14 million, while refining the tenement package to focus on the most promising lithium prospects. This strategic adjustment reflects a collaborative approach to address current challenges in the lithium sector and underscores both companies’ commitment to advancing exploration and development activities.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

More about Mineral Resources Limited

YTD Price Performance: -12.82%

Average Trading Volume: 3,209,194

Technical Sentiment Signal: Sell

Current Market Cap: A$5.82B

Learn more about MIN stock on TipRanks’ Stock Analysis page.

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