GWR Group Expands Tasmania Magnesite Project
Company Announcements

GWR Group Expands Tasmania Magnesite Project

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App