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NGX Limited ( (AU:NGX) ) has provided an announcement.
NGX Limited has made significant progress in its natural graphite projects, particularly at the Malingunde site, with advancements in technical studies and stakeholder engagement to optimize production for lithium-ion battery anodes. The company achieved notable outcomes in electrochemical testing, confirming the high performance of its graphite for battery applications. Additionally, NGX is in a strong financial position and continues to explore further opportunities in the clean energy sector across southern Africa.
More about NGX Limited
NGX Limited is a company focused on developing a portfolio of projects in Africa, primarily targeting minerals critical to the clean energy transition. The company’s main focus is on natural graphite, particularly for use in lithium-ion battery applications, and it is also involved in uranium exploration projects in Namibia.
YTD Price Performance: -38.89%
Average Trading Volume: 57,247
Technical Sentiment Signal: Buy
For an in-depth examination of NGX stock, go to TipRanks’ Stock Analysis page.