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Impact Minerals Proposes Acquisition of Hipura to Boost HPA Project

Story Highlights
  • Impact Minerals aims to acquire Hipura Pty Ltd via a Deed of Company Arrangement.
  • The acquisition could enhance Impact’s Lake Hope HPA Project with new equipment and facilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Impact Minerals Proposes Acquisition of Hipura to Boost HPA Project

An announcement from Impact Minerals Limited ( (AU:IPT) ) is now available.

Impact Minerals Limited has proposed to acquire Hipura Pty Ltd through a Deed of Company Arrangement, following Hipura’s voluntary administration. This acquisition, if successful, would provide Impact with analytical equipment and facility access to support its Lake Hope HPA Project, potentially accelerating its research efforts.

More about Impact Minerals Limited

Impact Minerals Limited operates in the mining industry, focusing on high purity alumina (HPA) projects. The company is engaged in research and development activities, particularly in collaboration with engineering and research institutions.

Technical Sentiment Signal: Buy

Current Market Cap: €10.64M

See more insights into IPT stock on TipRanks’ Stock Analysis page.

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