Magnum Mining and Exploration Limited (AU:MGU) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Magnum Mining & Exploration Limited has announced a joint venture with 2×1.Digital Private Limited to create a new company focused on producing and supplying biochar and green pig iron in Malaysia, using HIsmelt technology for eco-friendly production. The venture aligns with Magnum’s strategy and complements their green pig iron project in Saudi Arabia. Additionally, Magnum is assessing the potential for critical minerals at their Buena Vista deposit in the USA and has established a Singapore subsidiary to manage future assets.
For further insights into AU:MGU stock, check out TipRanks’ Stock Analysis page.