Metals Australia Ltd (AU:MLS) has released an update.
Metals Australia Ltd is rapidly progressing its Lac Carheil graphite project in Quebec, enhancing the project’s value with increased recoveries of high-grade flake graphite and expanded land holdings for future development. The project’s significance is further bolstered by potential Canadian tariffs on Chinese mineral imports, positioning Lac Carheil as a strategically important resource amid evolving trade dynamics. The company is actively engaging with local communities and stakeholders, and advancing towards a pre-feasibility study with government grant applications underway.
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