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Kingsland Minerals Ltd. ( (AU:KNG) ) has issued an update.
Kingsland Minerals Ltd. has initiated metallurgical test work to explore the potential of extracting rutile and gallium as by-products from its Leliyn Graphite Project in the Northern Territory. This move aligns with the growing demand for specialty metals outside of China, potentially enhancing Kingsland’s market position and revenue streams. The company is working with CSIRO and Independent Metallurgical Operations to assess the mineralogical hosts and extraction viability, while a scoping study for graphite concentrate production is underway, expected to be completed this quarter.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd. operates in the mining industry, focusing on the extraction and production of specialty metals. The company is involved in the exploration and development of graphite, rutile, and gallium, with a market focus on reducing reliance on Chinese sources for these critical materials.
Average Trading Volume: 69,297
Technical Sentiment Signal: Sell
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