Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Metals Australia Ltd ( (AU:MLS) ) just unveiled an update.
Metals Australia Ltd has announced successful metallurgical test work at its Manindi site in the Murchison region of Western Australia, resulting in the production of two commercially viable products: a high-grade Iron-Vanadium Pentoxide and a Titanium Oxide-Iron product. These products, characterized by low impurity levels, have demonstrated significant market potential, recovering over 65% of the ore sample mass. The discovery has also led to the identification of additional exploration targets, suggesting further project expansion opportunities. The company plans to continue optimizing the process and conducting further exploration to define a mineral resource, indicating promising prospects for stakeholders.
More about Metals Australia Ltd
Metals Australia Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with products such as iron, vanadium, titanium, zinc, copper, and silver, with a market focus on high-grade mineral products.
Average Trading Volume: 379,615
Technical Sentiment Signal: Sell
Current Market Cap: A$13.85M
For an in-depth examination of MLS stock, go to TipRanks’ Stock Analysis page.