Mandrake Resources Ltd (AU:MAN) has released an update.
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Mandrake Resources Ltd has secured a US$1 million grant from the US Department of Energy for lithium and critical minerals research in Utah’s Paradox Basin, reflecting the U.S. aim to strengthen domestic supply chains. The funding, which underscores the project’s potential and Mandrake’s partnership with leading U.S. laboratories and universities, positions the company prominently in the national energy narrative. In addition to this grant, Mandrake is awaiting the results of three more funding applications with the Department of Energy.
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