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An announcement from Kingsland Minerals Ltd. ( (AU:KNG) ) is now available.
Kingsland Minerals Ltd has dispatched a bulk sample of graphite concentrate from its Leliyn Graphite Project to Germany for advanced metallurgical testing. This step is crucial for producing purified, spherical graphite, which will support economic studies and a scoping study for potential graphite mining and processing operations. The company is strategically positioned to benefit from the US’s efforts to reduce reliance on Chinese speciality metals, as recent USITC findings could lead to increased tariffs on Chinese graphite imports.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd is a company involved in the mining industry, focusing on the extraction and processing of graphite. Their primary project is the Leliyn Graphite Project in the Northern Territory, with a market focus on producing fine flake graphite concentrate.
YTD Price Performance: -23.33%
Average Trading Volume: 125,660
Technical Sentiment Consensus Rating: Buy
Learn more about KNG stock on TipRanks’ Stock Analysis page.