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The latest announcement is out from EV Resources Limited ( (AU:EVR) ).
EV Resources Limited has announced the acquisition of 49 unpatented claims over the Coyote Creek Antimony Project in Utah, USA, from a private US investor. This move is significant as the USA currently imports all its antimony concentrates, and the project could potentially become a domestic supplier amid supply shortages. This acquisition aligns with EVR’s strategy to develop an antimony division in the Americas, following their recent acquisition of a majority stake in the Los Lirios antimony mine in Mexico.
More about EV Resources Limited
EV Resources Limited is a company operating in the mining industry, focusing on the acquisition and development of mineral resources. The company is particularly interested in antimony mining, with a strategic focus on developing projects in the Americas.
Technical Sentiment Signal: Buy
Current Market Cap: €5.76M
See more insights into EVR stock on TipRanks’ Stock Analysis page.
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