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Jindalee Resources Limited ( (AU:JLL) ) has shared an update.
Jindalee’s HiTech Minerals unit signed a Letter of Understanding with the Oregon Building Trades Unions to pave the way for a Project Labour Agreement using union labor for the McDermitt lithium project, aligning the development with statewide skilled trade resources as it advances toward construction. The agreement underpins workforce planning for a project expected to deliver substantial long-term construction and operational jobs, signaling strengthened regional support and a clearer path to securing the labor needed to bring the large-scale lithium asset into production.
The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.60 price target. To see the full list of analyst forecasts on Jindalee Resources Limited stock, see the AU:JLL Stock Forecast page.
More about Jindalee Resources Limited
Jindalee Lithium Limited is an Australian-listed minerals developer focused on lithium resources through its McDermitt project in southeast Oregon, one of the largest known lithium deposits in the United States, positioning the company within the battery materials supply chain.
Average Trading Volume: 255,522
Technical Sentiment Signal: Buy
Current Market Cap: A$60.45M
See more insights into JLL stock on TipRanks’ Stock Analysis page.