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Allup Silica Ltd. ( (AU:MML) ) just unveiled an announcement.
McLaren Minerals Limited, a company involved in mineral exploration, has provided an update on its pre-feasibility study for the McLaren Project, which focuses on a large titanium deposit. The study is nearing completion with engineering at 95% and final assays expected soon. The project is strategically located with favorable logistics to Esperance Port, and the market report confirms the desirability of McLaren’s ilmenite as a feedstock for sulfate pigment and chloride slag markets. The project is designed to produce approximately 400ktpa of ilmenite concentrate, which is expected to benefit from a forecasted TiO2 supply deficit, supporting the company’s development rationale and market positioning.
More about Allup Silica Ltd.
Average Trading Volume: 2,613,172
Technical Sentiment Signal: Hold
Current Market Cap: A$4.57M
Find detailed analytics on MML stock on TipRanks’ Stock Analysis page.