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EV Resources Limited ( (AU:EVR) ) has shared an announcement.
EV Resources Limited has launched an exploration program at its Los Lirios Antimony Project in Oaxaca, Mexico, aiming to quantify the deposit and accelerate production. This initiative comes amid a global antimony supply crisis due to China’s export restrictions, positioning Los Lirios as a key strategic source. The company plans to fast-track the development of a 100 tonne-per-day pilot plant to capitalize on the current market conditions, with trenching results expected by October 2025 and drilling planned for December 2025.
More about EV Resources Limited
EV Resources Limited is a company operating in the mining industry, focusing on the exploration and production of high-grade antimony. The company is strategically positioned to address global supply constraints, particularly in the wake of China’s export bans, by providing a secure, non-Chinese source of antimony.
YTD Price Performance: 10.0%
Average Trading Volume: 11,613,906
Technical Sentiment Signal: Sell
Current Market Cap: A$20.05M
Find detailed analytics on EVR stock on TipRanks’ Stock Analysis page.
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