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Equinox Resources Limited ( (AU:EQN) ) has shared an update.
Equinox Resources Limited has confirmed the presence of refinery-grade bauxite and gallium at its Campo Grande Project in Bahia, Brazil. The project showcases significant extractable alumina and favorable alumina-to-silica ratios, suitable for efficient low-temperature Bayer processing. The strategic location near key infrastructure enhances the project’s export potential, while the presence of gallium as a by-product adds to its strategic metals value. These developments position Equinox Resources favorably within the critical minerals sector, aligning with the growing demand for secure sources of alumina and strategic metals.
More about Equinox Resources Limited
Equinox Resources Limited operates in the mining industry, focusing on the extraction and processing of bauxite and gallium. The company is engaged in developing projects that contribute to the supply of critical minerals, with a particular emphasis on alumina and strategic metals.
Average Trading Volume: 299,296
Technical Sentiment Signal: Sell
Current Market Cap: A$12.23M
For an in-depth examination of EQN stock, go to TipRanks’ Stock Analysis page.