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The latest announcement is out from Mandrake Resources Ltd ( (AU:MAN) ).
Mandrake Resources Limited has signed a binding agreement with DISA Technologies Inc. to recover uranium and other critical minerals from mine waste dumps in their Utah Project. This collaboration involves the use of DISA’s High Pressure Slurry Ablation technology, with Mandrake receiving a gross revenue share from the sale of recovered minerals. The agreement is supported by strong U.S. government backing for domestic mineral recovery, highlighting its potential impact on the company’s operations and contribution to the strategic mineral production in the U.S.
More about Mandrake Resources Ltd
Mandrake Resources Limited is a company involved in the mining industry, focusing on the recovery of uranium and other critical minerals. The company operates primarily in the Utah Project area, which spans 93,755 acres, and is dedicated to extracting valuable resources from mine waste dumps.
YTD Price Performance: 4.55%
Average Trading Volume: 1,211,888
Technical Sentiment Signal: Sell
Current Market Cap: A$14.43M
For detailed information about MAN stock, go to TipRanks’ Stock Analysis page.