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Kingsland Minerals Ltd. ( (AU:KNG) ) has issued an announcement.
Kingsland Minerals Ltd has announced a significant breakthrough in its Leliyn graphite project, identifying muscovite mica as the primary host for gallium mineralization. This discovery could lead to the production of gallium as a by-product, potentially enhancing the project’s economics. The global demand for gallium, driven by its critical role in advanced electronics and military applications, has increased following China’s export ban to the US. The company is working on producing a gallium concentrate and plans to publish a maiden gallium JORC Resource later in 2025.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd is a company operating in the mining industry, focusing on the extraction and production of minerals. Their primary project is the Leliyn graphite project in the Northern Territory, where they are exploring the potential to produce valuable by-products such as gallium, which is in high demand globally.
Average Trading Volume: 114,151
Technical Sentiment Signal: Hold
See more data about KNG stock on TipRanks’ Stock Analysis page.