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Petratherm Advances Rosewood Titanium Project with Key Appointment and Increased Stake

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Petratherm Advances Rosewood Titanium Project with Key Appointment and Increased Stake

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Petratherm Ltd ( (AU:PTR) ) just unveiled an announcement.

Petratherm Limited has appointed Victor Araujo, a seasoned professional in the mineral sands sector, as Head of Project Development to further the Rosewood Titanium Project. The company has increased its stake to 70% in EL 6715 under the Narryer Metals Farm-in Agreement and is progressing with metallurgical test work and drilling activities to explore and expand the titanium-rich mineralization at the Muckanippie Project. These developments are expected to enhance Petratherm’s position in the mineral sands industry and provide significant opportunities for stakeholders.

More about Petratherm Ltd

Petratherm Limited is a company involved in the mineral sands industry, focusing on the exploration and development of titanium projects. The company is particularly active in the northern Gawler Craton of South Australia, where it is advancing the Rosewood Titanium Project, a potentially world-class discovery.

Average Trading Volume: 335,042

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$124.8M

See more data about PTR stock on TipRanks’ Stock Analysis page.

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