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The latest update is out from Nexmetals Mining ( (TSE:NEXM) ).
NexMetals Mining Corp. has announced a significant metallurgical breakthrough at its Selebi Mines in Botswana, enabling the production of separate high-grade copper and nickel-cobalt concentrates. This development reduces the need for an on-site smelter or hydrometallurgical plant, thereby lowering capital and execution risks, and potentially accelerating the restart of operations with a smaller environmental footprint. The breakthrough is expected to enhance the company’s commercial flexibility and improve future offtake negotiations, providing a strategic advantage in the market.
More about Nexmetals Mining
NexMetals Mining Corp. is a company operating in the mining industry, focusing on the extraction and production of copper, nickel, and cobalt. The company is engaged in developing its Selebi Mines in Botswana, aiming to produce high-grade saleable copper and nickel-cobalt concentrates.
Average Trading Volume: 91,600
Technical Sentiment Signal: Sell
Current Market Cap: C$160.9M
For an in-depth examination of NEXM stock, go to TipRanks’ Overview page.