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The latest update is out from Kogi Iron Ltd. ( (AU:M4M) ).
Macro Metals Limited, in partnership with WA Limestone and NORDEN, is advancing its initiative to export sand from Western Australia to Singapore. The company has received non-binding letters of intent from two licensed Singaporean importers to negotiate trial shipments of sand, with the potential for long-term agreements if successful. The sand, sourced from the Port Hedland Sand Deposit, has been confirmed suitable for use in Singapore, and the company is working with Pilbara Ports to commence trial shipments. This development positions Macro Metals as a competitive supplier in the Southeast Asian market, leveraging its strategic partnerships and previous experience in the region.
More about Kogi Iron Ltd.
Average Trading Volume: 5,761,404
Technical Sentiment Signal: Sell
Current Market Cap: A$23.87M
See more data about M4M stock on TipRanks’ Stock Analysis page.