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The latest announcement is out from Resource Base Limited ( (AU:RBX) ).
Resource Base Limited has announced a non-cash impairment of its Canadian lithium projects, Wali and Ernst Lake, due to a strategic shift towards its titanium and critical minerals portfolio in South Australia and ongoing weakness in the lithium sector. This decision reflects the company’s reassessment of its asset portfolio and may influence its future operational and financial strategies.
More about Resource Base Limited
Resource Base Limited operates in the mining industry, focusing on titanium and critical minerals in South Australia. The company is involved in exploration and development of mineral resources, with a market focus on critical minerals essential for various industrial applications.
Average Trading Volume: 146,066
Technical Sentiment Signal: Buy
Current Market Cap: A$5.76M
See more data about RBX stock on TipRanks’ Stock Analysis page.