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Kogi Iron Ltd. ( (AU:M4M) ) has issued an update.
Macro Metals Limited reported a busy final quarter of 2024, highlighting several strategic advancements. The company secured a $4 million investment from Paramount Earthmoving Pty Ltd, enhancing its Mining Services Division and adding Shawn Tilley as a Non-Executive Director. They also formed a significant joint venture with Nyapiri Holdings Pty Ltd, marking their first majority Indigenous-owned partnership, and acquired an 80% interest in DSO Manganese assets from Firebird Metals Ltd. These developments are part of Macro’s strategy to diversify its operations and enhance its market positioning, aiming for operational sustainability and increased socio-economic impact, particularly in Indigenous communities.
More about Kogi Iron Ltd.
Macro Metals Limited is a diversified mining and mining services company, transitioning from a pure exploration entity to a more robust operation focusing on mining services and asset exploration. The company is expanding its strategic alliances and capabilities to support a range of mining services, including Indigenous joint ventures and infrastructure development in Western Australia.
YTD Price Performance: 8.33%
Average Trading Volume: 10,385,216
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$49.89M
Find detailed analytics on M4M stock on TipRanks’ Stock Analysis page.
