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The latest update is out from Chase Mining Corporation Limited ( (AU:GCM) ).
Green Critical Minerals Ltd announced positive results from the McIntosh Pre-Feasibility Study, indicating strong economic viability with a pre-tax NPV of A$340M and a 32.5-year mine life. The project aims to produce 13,500 tonnes of graphite concentrate annually, with potential for increased production and integration into downstream opportunities. The study supports GCM’s strategy to become a vertically integrated supplier of ESG-compliant graphite, aligning with global supply chain shifts away from Chinese imports.
More about Chase Mining Corporation Limited
Green Critical Minerals Ltd (GCM) is a company focused on the graphite industry, holding an 80% interest in the McIntosh Graphite Project located in Western Australia. The company is engaged in producing traditional and advanced graphite products, targeting markets such as lubricants, friction components, agriculture, and coatings, with plans to expand into spherical purified graphite anode qualifications.
Average Trading Volume: 23,128,448
Technical Sentiment Signal: Buy
Current Market Cap: A$56.45M
Learn more about GCM stock on TipRanks’ Stock Analysis page.