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Greenwing Resources Ltd ( (AU:GW1) ) just unveiled an update.
Greenwing Resources Ltd has provided an update on its Madagascan projects following a site visit and meetings with key stakeholders. The company is exploring the sale of excess assets at its Graphmada Graphite Mine and is progressing an agreement for the Millie’s Reward Lithium Project. Recent international policies to diversify graphite supply are favorable for Greenwing, and the revised Madagascan mining code is expected to boost investment and asset values in the region.
More about Greenwing Resources Ltd
Greenwing Resources Ltd is a company operating in the mining industry, focusing on graphite and lithium projects. It owns the Graphmada Graphite Mine in Madagascar, which has been operational since 2016 and supplies graphite to various international markets. The company is also involved in the Millie’s Reward Lithium Project, aiming to expand its resource base and production capabilities.
Average Trading Volume: 110,858
Technical Sentiment Signal: Sell
Current Market Cap: A$7.41M
See more data about GW1 stock on TipRanks’ Stock Analysis page.