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An update from Kingsland Minerals Ltd. ( (AU:KNG) ) is now available.
Kingsland Minerals Ltd has announced a significant advancement in its Leliyn Graphite Project, with its offtake partner Quinbrook set to conduct key test-work on the graphite material for potential use in battery anodes. This development is part of a broader strategy that includes a pre-feasibility study and a drilling program aimed at upgrading the mineral resources, positioning Kingsland to establish a large-scale, long-life graphite project with Quinbrook as a major customer.
The most recent analyst rating on (AU:KNG) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Kingsland Minerals Ltd. stock, see the AU:KNG Stock Forecast page.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd is a company involved in the mining industry, focusing primarily on the development of graphite resources. Their operations are centered around the Leliyn Graphite Project in the Northern Territory, with a significant emphasis on producing graphite concentrate for use in battery anodes.
Average Trading Volume: 218,432
Technical Sentiment Signal: Sell
Current Market Cap: A$9.52M
See more insights into KNG stock on TipRanks’ Stock Analysis page.