GWR Group Limited ( (AU:GWR) ) has provided an update.
GWR Group Limited has amended the royalty terms for its Wiluna West Iron Ore Project with Gold Valley West Wiluna Pty Ltd due to lower market prices for iron ore. The revised royalty rates, effective from April 2025 to March 2027, are contingent on the IODEX price and will revert to the original terms thereafter. Additionally, the transfer of project tenements is pending due to valuation requirements from RevenueWA, although Gold Valley has assumed responsibility for state royalty payments.
More about GWR Group Limited
GWR Group Limited operates in the mining industry, focusing on the extraction and sale of iron ore. The company is involved in the Wiluna West Iron Ore Project, which is a significant component of its operations.
YTD Price Performance: 3.75%
Average Trading Volume: 324,075
Technical Sentiment Signal: Buy
Current Market Cap: A$26.66M
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