An update from Impact Minerals Limited ( (AU:IPT) ) is now available.
Impact Minerals Limited has announced several key developments in its March 2025 quarterly report. The company has completed process testwork for its Lake Hope High Purity Alumina Project and is finalizing the pre-feasibility study. At the Arkun-Beau project, a significant drill target has been identified, supported by a government grant. Additionally, Impact has expanded its holdings around the Broken Hill mine, enhancing its potential for large copper deposits. The company also raised $3.63 million through a rights issue, with a 70% uptake, bolstering its financial position.
More about Impact Minerals Limited
Impact Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is involved in projects targeting high-purity alumina, nickel, palladium, gold, chrome, cobalt, and copper, with a market focus on Western Australia and New South Wales.
Technical Sentiment Signal: Buy
Current Market Cap: €10.45M
Learn more about IPT stock on TipRanks’ Stock Analysis page.