tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kingsland Minerals Advances Leliyn Graphite Project with Strategic Developments

Story Highlights
  • Kingsland Minerals Ltd focuses on developing the Leliyn graphite project for battery use.
  • Significant progress includes a scoping study and strategic investment by Quinbrook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingsland Minerals Advances Leliyn Graphite Project with Strategic Developments

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Kingsland Minerals Ltd. ( (AU:KNG) ) is now available.

Kingsland Minerals Ltd has made significant progress in the development of its Leliyn graphite project over the past year. The company completed an infill drilling program, announced an indicated mineral resource, and engaged GR Engineering Services to design a processing facility. The scoping study results indicated competitive operating costs, and the production of high-grade graphite for battery use was confirmed. With Quinbrook Infrastructure Partners acquiring a 15.3% stake, the company is poised for future growth as it moves towards a pre-feasibility study to further optimize the project.

More about Kingsland Minerals Ltd.

Kingsland Minerals Ltd is involved in the mining industry, focusing on the development of graphite projects. Their primary project is the Leliyn graphite project, which aims to produce graphite concentrates and purified, spherical graphite for high-quality battery use. The company is strategically positioned to benefit from the growing demand for renewable energy infrastructure and its associated raw materials.

Average Trading Volume: 156,266

Technical Sentiment Signal: Hold

For an in-depth examination of KNG stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1