Lara Exploration (TSE:LRA) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Lara Exploration Ltd. has increased its stake in the Mantaro Phosphate Project to 70%, establishing a subsidiary, Fosfatos Alli Allpa, to handle the project’s future exploration and development aimed at producing phosphate rock for fertilizers. The company is collaborating with the Peruvian National Institute of Agrarian Innovation to demonstrate the local benefits of phosphate application on crop yields and is strategically positioned near key infrastructure in Central Peru.
For further insights into TSE:LRA stock, check out TipRanks’ Stock Analysis page.