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Nimy Resources Limited ( (AU:NIM) ) has issued an update.
Nimy Resources Limited has entered into a non-binding collaboration agreement with M2i Global, Inc. to develop a supply chain for gallium in support of the US Department of Defense. This partnership aims to secure a sustainable gallium supply for defense applications, enhancing Nimy’s role in the critical minerals sector and potentially impacting their operations and market relevance.
More about Nimy Resources Limited
Nimy Resources Limited is an Australian company operating in the mining and resources industry, focusing on the development and supply of critical minerals. The company aims to enhance its market positioning by collaborating with partners to meet the needs of strategic sectors like national defense.
YTD Price Performance: 43.33%
Average Trading Volume: 512,223
Technical Sentiment Consensus Rating: Sell
See more insights into NIM stock on TipRanks’ Stock Analysis page.
