EV Resources Fast-Tracks Low-Cost Antimony Production at Mexican Plant

EV Resources Limited ( (AU:EVR) ) just unveiled an update.

EV Resources has begun refurbishing the grinding circuit at its Tecomatlán Processing Plant in Puebla, Mexico, marking a strategic shift from explorer to near-term antimony producer. The plant’s three installed but previously uncommissioned ball mills form the core of this effort, providing a capital-efficient route to bring the facility online as a centralised antimony processing hub in North America.

The refurbishment program, budgeted at about US$73,000 for the core plant, includes mechanical overhauls, upgraded discharge and safety systems, and new high-efficiency 50 HP motors, with completion targeted in five weeks. By combining this accelerated restart with an advancing ore supply and stockpiling strategy, EV Resources aims to secure early revenue, reliable throughput, and a first-mover advantage in an increasingly supply-constrained global antimony market.

The most recent analyst rating on (AU:EVR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on EV Resources Limited stock, see the AU:EVR Stock Forecast page.

More about EV Resources Limited

EV Resources Limited is an Australian-listed company focused on developing antimony production, a critical mineral used in defence, energy storage, and high-technology applications. The company is leveraging existing processing infrastructure in Puebla, Mexico, to transition rapidly from exploration towards near-term, low-cost antimony production targeting North American and global markets.

Average Trading Volume: 26,824,921

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$21.28M

For detailed information about EVR stock, go to TipRanks’ Stock Analysis page.