Lode Resources Ltd (AU:LDR) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lode Resources Ltd has initiated development activities at its Montezuma Antimony Project in Tasmania, aiming to leverage the tightening antimony market due to China’s export restrictions. The project, featuring a high-grade antimony-silver-lead deposit, includes advanced metallurgical test work and significant infrastructure, with new drilling plans underway to expand the mineralization. The Montezuma project is Tasmania’s sole antimony venture, aligning with the region’s strategy to boost exploration of critical minerals.
For further insights into AU:LDR stock, check out TipRanks’ Stock Analysis page.