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An update from Impact Minerals Limited ( (AU:IPT) ) is now available.
Impact Minerals has reported substantial technical progress in the first year of a A$2.87 million Cooperative Research Centres Projects programme to integrate advanced membrane technologies into the Lake Hope HPA flowsheet, underpinning the project’s Pre-Feasibility Study. Work with CPC Engineering and Edith Cowan University’s Mineral Recovery Research Centre has delivered high-purity sulphate of potash crystals and magnesium-potash fertiliser products as by-products, improved water recovery for reuse, and a potential low-cost iron-removal step, collectively pointing to lower capital and operating costs, reduced environmental footprint and enhanced product suite. The research has also identified a potential standalone large-scale potash and acid production pathway at Lake Hope and surrounding lakes, as well as opportunities to incorporate eutectic-freeze crystallisation technologies, opening the door to an additional mining project and reinforcing Lake Hope’s broader commercial and strategic significance in potash and critical minerals markets.
The most recent analyst rating on (AU:IPT) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Impact Minerals Limited stock, see the AU:IPT Stock Forecast page.
More about Impact Minerals Limited
Impact Minerals Limited is an Australian minerals exploration and development company focused on its 80%-owned Lake Hope High Purity Alumina (HPA) Project in Western Australia. The company is advancing a patented low-cost, low-carbon three-stage HPA production process, targeting 10,000 tonnes per annum of HPA with one of the lowest operating cost profiles globally, and is increasingly positioning itself at the intersection of critical minerals, advanced materials and fertiliser by-products such as potash.
YTD Price Performance: 1.89%
Average Trading Volume: 372,019
Technical Sentiment Signal: Sell
Current Market Cap: A$25.62M
For an in-depth examination of IPT stock, go to TipRanks’ Overview page.