Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Empire Metals ( (GB:EEE) ) has shared an announcement.
Empire Metals Limited has made significant advancements in its metallurgical testwork at the Pitfield Project, with successful results in mineral separation and hydrometallurgical processes for titanium dioxide extraction. The development of the process flowsheet, which includes gravity and flotation techniques, has shown promising results in producing anatase-rich concentrates. These can be upgraded to high-purity TiO₂, with extraction rates reaching 91%. This progress is crucial for Empire Metals as it aims to develop a cost-effective and efficient process for producing high-value titanium dioxide products, enhancing its industry positioning and potentially benefiting stakeholders in the titanium market.
More about Empire Metals
Empire Metals Limited is an AIM-listed company in the natural resources sector, focusing on resource exploration and development. The company specializes in mineral exploration, with a market focus on titanium dioxide mineral systems, particularly at its Pitfield Project in Western Australia.
YTD Price Performance: 24.09%
Average Trading Volume: 2,584,483
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £53.63M
For a thorough assessment of EEE stock, go to TipRanks’ Stock Analysis page.