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The latest update is out from Kingsland Minerals Ltd. ( (AU:KNG) ).
Kingsland Minerals Ltd has announced significant progress in their Leliyn Graphite Project, with the Scoping Study for graphite concentrate production nearing completion. The project is poised to capitalize on the increased demand for non-Chinese graphite sources, driven by recent US tariffs on Chinese graphite. The study outlines a 1Mtpa mine and processing facility, with potential for expansion as further drilling could significantly increase the mineral resource base. A binding offtake agreement with Quinbrook Infrastructure Partners further strengthens the project’s prospects.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd is a company operating in the mining industry, focusing on the production of graphite concentrate. They are engaged in developing the Leliyn Graphite Project in the Northern Territory, which is strategically positioned to benefit from the global reassessment of graphite market pricing due to increased tariffs on Chinese graphite.
Average Trading Volume: 95,675
Technical Sentiment Signal: Buy
For an in-depth examination of KNG stock, go to TipRanks’ Overview page.