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The latest announcement is out from Octava Minerals Ltd. ( (AU:OCT) ).
Octava Minerals Ltd has announced encouraging results from Stage 1 of the CSIRO bioleaching test program on its Byro REE & Lithium Project. The initial stage successfully adapted bioleaching microorganisms to the Byro samples, showing promising cell growth and acid generation, paving the way for Stage 2, which will test the potential to bioleach various critical metals. This development could position Octava as a cost-effective and environmentally friendly player in the extraction of critical minerals, enhancing its industry standing and offering potential benefits to stakeholders.
More about Octava Minerals Ltd.
Octava Minerals Ltd is a Western Australia-focused explorer specializing in new energy metals such as antimony, rare earth elements (REEs), lithium, and gold. The company is involved in projects like Yallalong, Byro, and East Kimberley, with a focus on exploring and extracting valuable metals.
Average Trading Volume: 131,541
Technical Sentiment Signal: Hold
Current Market Cap: A$2.14M
For detailed information about OCT stock, go to TipRanks’ Stock Analysis page.