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The latest announcement is out from EV Resources Limited ( (AU:EVR) ).
EV Resources Limited has completed the acquisition of a 70% stake in the Los Lirios Antimony Mine in Oaxaca, Mexico, marking a significant step in its strategy to secure antimony supply in the Americas. The joint venture involves three mining concessions, covering approximately 1,552 hectares, and aims to advance the project in line with regional development priorities. The company plans to build a pilot processing plant and conduct ore characterization and recovery test work, positioning itself strategically in the critical minerals market.
More about EV Resources Limited
EV Resources Limited is a company operating in the mining industry, focusing on the acquisition and development of critical mineral assets. The company is particularly involved in securing antimony supply in the Americas, aligning with U.S. and allied strategic interests.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$13.9M
See more data about EVR stock on TipRanks’ Stock Analysis page.