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The latest update is out from Osmond Resources Limited ( (AU:OSM) ).
Osmond Resources Limited has reported significant progress in its Orion EU Critical Minerals Project, with geological mapping and assay results indicating two high-grade seams across the permit area. Metallurgical tests are ongoing, focusing on rare earth elements, some of which are restricted by the Chinese government. The company has also strengthened its position by acquiring a majority interest in the project and appointing an experienced geologist to its board. These developments are expected to enhance Osmond’s operational capabilities and strategic positioning in the critical minerals market.
More about Osmond Resources Limited
Osmond Resources Limited is a company involved in the mining industry, focusing on critical minerals. Their primary project, the Orion EU Critical Minerals Project, is located in Southern Spain and involves the exploration of minerals such as rutile, zircon, hafnium, and rare earth elements.
YTD Price Performance: 18.07%
Average Trading Volume: 80,255
Technical Sentiment Signal: Sell
Current Market Cap: A$46.87M
For a thorough assessment of OSM stock, go to TipRanks’ Stock Analysis page.