GWR Group Limited (AU:GWR) has released an update.
GWR Group Limited is advancing its Prospect Ridge Magnesite Project in northwest Tasmania with a new drilling program and scoping study, aiming to bolster confidence in the project’s mineral resource estimates. The company is also exploring strategic acquisitions and reviewing its asset portfolio to maximize shareholder value. Environmental investigations and market research are underway to support the project’s development, which could benefit from the nearby Hampshire Green Energy hub for low CO2 footprint magnesium production.
For further insights into AU:GWR stock, check out TipRanks’ Stock Analysis page.