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Mineral Commodities Ltd ( (AU:MRC) ) has provided an announcement.
Mineral Commodities Ltd announced an update on the sale of its Skaland Graphite Project, detailing the financial adjustments and agreements made with Norge Mineraler Holding AS due to funding constraints. The adjustments include non-refundable payments made by Norge Mineraler to support Skaland’s operations and a commitment to purchase a new drill rig, with the transaction completion expected by the end of October 2025.
More about Mineral Commodities Ltd
Mineral Commodities Ltd is a mining and development company focused on becoming a leading vertically integrated producer of graphitic anode materials and value-added mineral products, with a strong emphasis on environmental, sustainability, and governance practices.
Technical Sentiment Signal: Sell
Current Market Cap: A$25.6M
For an in-depth examination of MRC stock, go to TipRanks’ Overview page.