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Mineral Sands Resources Faces Provisional Liquidation

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Mineral Sands Resources Faces Provisional Liquidation

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Mineral Commodities Ltd ( (AU:MRC) ) just unveiled an announcement.

Mineral Sands Resources Pty Ltd, owned 50% by Mineral Commodities Ltd, has been placed into provisional liquidation by a court order in South Africa following an application by a secured creditor. This development may impact the operations of the Tormin Mineral Sands Project, and the company will provide further updates as the liquidation process unfolds.

More about Mineral Commodities Ltd

Mineral Commodities Ltd is a global mining and development company aiming to become a leading vertically integrated producer of graphitic anode materials and value-added mineral products, with a strong focus on environmental, sustainability, and governance practices.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €15.3M

See more data about MRC stock on TipRanks’ Stock Analysis page.

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