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Infinity Mining Limited ( (AU:IMI) ) has shared an announcement.
Infinity Mining Limited has signed a binding Memorandum of Cooperation with Orivium Global Pte Ltd to advance the Cangai project, utilizing Orivium’s advanced technology to process materials and recover valuable metals. This partnership aims to generate near-term revenue and validate the technology for broader application across Australia, positioning Infinity at the forefront of sustainable mining. The project includes plans for site remediation and environmental cleanup, with potential funding from government grants to support its development.
More about Infinity Mining Limited
Infinity Mining Limited operates in the mining industry, focusing on the recovery of precious metals, copper, nickel, rare earth, and critical metals. The company is known for leveraging innovative technologies to unlock stranded assets and is committed to sustainable mining practices.
Average Trading Volume: 2,395,740
Technical Sentiment Signal: Sell
Current Market Cap: A$5.08M
See more insights into IMI stock on TipRanks’ Stock Analysis page.