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Heavy Minerals Ltd ( (AU:HVY) ) has issued an announcement.
Heavy Minerals Limited has made significant progress on its Port Gregory Garnet Project, with a pre-feasibility study nearly complete and set to be followed by a feasibility study in Q1 2025. The company has also undertaken mining equipment trials, initiated permitting and land access negotiations, and extended exploration licenses crucial for its growth, while working on securing funding and distribution agreements for future project phases.
More about Heavy Minerals Ltd
Heavy Minerals Limited operates in the mineral extraction industry, focusing on the exploration and development of heavy mineral sands. The company is primarily engaged in projects related to garnet, particularly through its Port Gregory Garnet Project in Western Australia.
YTD Price Performance: 41.67%
Average Trading Volume: 65,790
Technical Sentiment Consensus Rating: Sell
For detailed information about HVY stock, go to TipRanks’ Stock Analysis page.
