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Image Resources Achieves First HMC Production at Atlas Project

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Image Resources Achieves First HMC Production at Atlas Project

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Image Resources NL ( (AU:IMA) ) has shared an update.

Image Resources NL has successfully achieved the first production of heavy mineral concentrate at its Atlas project, marking a critical milestone as part of its early-stage project commissioning efforts. Despite construction delays caused by a bushfire evacuation, the company managed to complete major construction activities and is now focusing on ramping up to name plate capacity, aiming for the first shipment and revenue generation in the second quarter of 2025. This achievement highlights the efficiency and dedication of Image Resources’ team and partners, underscoring their commitment to on-time, on-budget project execution.

More about Image Resources NL

Image Resources NL is a company in the mineral sands industry, primarily focusing on the production of heavy mineral concentrates (HMC). The company operates the Atlas mineral sands project located in the Dandaragan Shire, north of Perth, Australia.

YTD Price Performance: 2.00%

Average Trading Volume: 46,763

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €62.26M

Learn more about IMA stock on TipRanks’ Stock Analysis page.

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