MRG Metals Limited (AU:MRQ) has released an update.
MRG Metals Limited has reported substantial progress in their joint venture with Sinowin Lithium to develop Mozambique Heavy Mineral Sands projects, including making headway with key milestones such as monthly JV payments totalling $200,000, completing feasibility studies, and advancing the mining license application process. Despite delays in formalizing the JV company structure, efforts are being made to facilitate equipment importation and to progress environmental studies, with the goal of accelerating production.
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