Mineral Commodities Ltd (AU:MRC) has released an update.
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Mineral Commodities Ltd has announced the sale of its Skaland Graphite Project in Norway to Norge Mineraler for USD$11.75 million. This transaction will help MRC clear financial liabilities and focus on its promising Munglinup Graphite Project in Australia. The strategic move aims to streamline MRC’s operations and capitalize on the growing demand for critical minerals like graphite.
For further insights into AU:MRC stock, check out TipRanks’ Stock Analysis page.
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