Jervois Global Limited (AU:JRV) has released an update.
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Jervois Global Limited reported a resilient performance in Q3 2024 with a US$2.9 million adjusted EBITDA despite weak market conditions, driven by strong cobalt sales and significant progress in its U.S. operations. The company is also actively managing its financial structure, including a new US$7.5 million term loan and extending waivers on debt covenants. Jervois remains focused on its strategic initiatives, supported by significant inventory levels and ongoing support from its lenders.
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