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Chase Mining Corporation Limited ( (AU:GCM) ) has issued an update.
Green Critical Minerals Ltd announced a significant achievement in the commissioning of its VHD Technology pilot plant in New South Wales. The first production run yielded graphite test samples that exceeded industry benchmarks without any process optimization. These results underscore the potential of their VHD technology to produce superior graphite at lower costs and faster speeds compared to traditional methods. With this breakthrough, GCM aims to lead the market in high-performance graphite production, positioning itself to capitalize on growing demand across various sectors.
More about Chase Mining Corporation Limited
Green Critical Minerals Ltd (ASX: GCM) is a company focused on developing high-performance graphite products using their proprietary VHD Technology. They operate in the advanced materials industry with a market focus on sectors such as advanced electronics, renewable energy, and industrial processes.
YTD Price Performance: 28.57%
Average Trading Volume: 65,598,078
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$34.34M
Learn more about GCM stock on TipRanks’ Stock Analysis page.