Mineral Commodities Ltd (AU:MRC) has released an update.
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Mineral Commodities Ltd has confirmed that its Skaland Graphite operation in Norway is not facing bankruptcy proceedings, despite recent media reports. The company reported a successful production month in October 2024, exceeding budget targets, and is addressing operational challenges to stabilize output. Additionally, MRC is in exclusive talks with a potential buyer for Skaland, though no definitive transaction has been agreed upon yet.
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