Iris Metals Limited (AU:IR1) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Iris Metals Limited has announced promising results from their metallurgical testing at the Beecher Project in South Dakota, successfully producing spodumene concentrate with lithium oxide content exceeding industry standards. The high-grade material yielded a 6.1% Li2O concentrate with lithium recovery rates surpassing 82% and low iron content, showcasing the potential for cost-effective production. The company is moving forward with plans to refine the process further and consider bulk sampling efforts.
For further insights into AU:IR1 stock, check out TipRanks’ Stock Analysis page.