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Larvotto Resources Limited ( (AU:LRV) ) has provided an update.
Larvotto Resources Limited has signed an Engineering, Procurement, and Construction Management (EPCM) contract with MACA-Interquip-Mintrex (MIQM) for the upgrade of its processing plant at the Hillgrove Antimony-Gold Project. The upgrade aims to enhance the plant’s throughput to approximately 0.525 Mtpa and includes the addition of an ultra-fine grinding circuit and a filtered tailings circuit. This development positions Larvotto as a significant player in the antimony market, with production expected to commence in Q3 2026. The project is progressing well, with early works underway and a focus on building a local workforce, which supports the community and ensures a stable supply chain.
More about Larvotto Resources Limited
Larvotto Resources Limited is a company operating in the mining industry, focusing on the production of antimony and gold. The company is strategically positioned to become a major producer of antimony, aiming to meet 7% of the global demand, with a significant project located at the Hillgrove Antimony-Gold Project in New South Wales.
Average Trading Volume: 4,729,280
Technical Sentiment Signal: Buy
Current Market Cap: A$457M
For a thorough assessment of LRV stock, go to TipRanks’ Stock Analysis page.