Image Resources NL ( (AU:IMA) ) has issued an announcement.
Image Resources NL has successfully completed its first shipment and sale of heavy mineral concentrate from the Atlas project, marking a significant milestone as it returns to revenue after a 16-month hiatus. The shipment, which sailed from Geraldton Port, was made under a life-of-mine offtake agreement with Shantou Natfort Zirconium and Titanium Co., Ltd. This accomplishment follows the commissioning of the Atlas project and positions the company to ramp up production and meet its market guidance for 2025, with projected HMC production and sales figures and associated costs outlined.
More about Image Resources NL
Image Resources NL is a company operating in the mineral sands industry, primarily focused on the production and sale of heavy mineral concentrate (HMC). The company is engaged in projects such as the Atlas mineral sands project and has a market focus that includes long-standing partnerships for offtake agreements.
Average Trading Volume: 43,947
Technical Sentiment Signal: Buy
Current Market Cap: €55.53M
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