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Jindalee Resources Limited ( (AU:JLL) ) has provided an update.
Jindalee Resources Limited has released a pre-feasibility study for its McDermitt Lithium Project, highlighting the need for $3.02 billion in construction capital. The company plans to explore third-party partnerships or potential sales to secure funding, which may impact its ownership stake and shareholder exposure to the project’s economics.
More about Jindalee Resources Limited
Jindalee Resources Limited operates in the mining industry, focusing on lithium extraction and production. The company is involved in the development of the McDermitt Lithium Project, aiming to secure a significant position in the lithium market, which is crucial for energy storage and electric vehicle industries.
Average Trading Volume: 171,209
Technical Sentiment Signal: Sell
Current Market Cap: A$28.45M
Find detailed analytics on JLL stock on TipRanks’ Stock Analysis page.