NGX Limited (AU:NGX) has released an update.
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NGX Limited has expanded its clean energy portfolio by acquiring two uranium exploration projects in Namibia, complementing its natural graphite assets in Malawi. The company has also strengthened its team and is advancing its Malingunde Graphite Project with successful test results, indicating high-quality spheronized graphite suitable for lithium-ion batteries. With a robust financial position of $6 million in cash and no debt, NGX is poised to capitalize on the growing demand for clean energy minerals.
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