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Empire Metals ( (GB:EEE) ) has shared an announcement.
Empire Metals Limited announced the successful production of a high-purity titanium dioxide (TiO2) product with a purity of 99.25%, achieved through conventional beneficiation, leaching, and refining processes. This development is significant for the company as it enhances the potential value of its Pitfield Project in Western Australia, positioning the company to produce high-quality titanium sponge metal or high-grade TiO2 pigment. The availability of bulk samples will allow Empire Metals to scale up testwork and produce various final product samples for potential downstream users, indicating a positive impact on its market positioning and stakeholder interests.
More about Empire Metals
Empire Metals Limited is an AIM-listed and OTCQB-traded company focused on exploration and resource development, particularly in the natural resources sector. The company is involved in the development of titanium dioxide products, with a significant project located in Western Australia.
Average Trading Volume: 2,902,957
Technical Sentiment Signal: Buy
Current Market Cap: £97.24M
See more data about EEE stock on TipRanks’ Stock Analysis page.