tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Larvotto Resources Signs EPCM Contract for Hillgrove Plant Upgrade

Story Highlights
Larvotto Resources Signs EPCM Contract for Hillgrove Plant Upgrade

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1