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Larvotto Resources Limited ( (AU:LRV) ) just unveiled an update.
Larvotto’s March quarter update underscores rapid progress at its Hillgrove antimony‑gold project, with plant refurbishment on schedule and exploration drilling delivering high‑grade antimony, gold and tungsten intercepts across multiple mining centres. Metallurgical tests suggest tungsten could become a third payable product, enhancing project economics and reinforcing Hillgrove’s scale and growth potential.
The company is fully funded for the mine restart with A$82 million in cash and an undrawn A$52 million bond facility, and aims to recommence production by mid‑2026 at around 4,900 tonnes of antimony a year, or roughly 7% of global mine supply. Hillgrove’s status as Australia’s largest and most advanced antimony deposit aligns with the Federal Government’s new Critical Minerals Strategic Reserve, which designates antimony as a priority commodity and supports Larvotto’s strategic positioning as a key supplier to allied markets.
More about Larvotto Resources Limited
Larvotto Resources Limited is an Australian mineral exploration and development company focused on the Hillgrove antimony‑gold project in New South Wales and the Mt Isa project in Queensland. The company is positioning Hillgrove as one of the largest antimony producers outside China, targeting Western markets that require secure supplies of critical minerals for clean energy, defence and high‑tech manufacturing.
Average Trading Volume: 3,124,585
Technical Sentiment Signal: Buy
Current Market Cap: A$658.1M
See more data about LRV stock on TipRanks’ Stock Analysis page.