Resource Development Group Limited (AU:RDG) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Resource Development Group Limited has successfully commissioned a new rotary kiln dryer at its Lucky Bay Garnet operations, significantly boosting garnet production capacity and supporting future expansion. The company also reported a successful shipment of over 7,500 tonnes of Fine Mineral Concentrate to China, generating gross revenue of AUD$1.8 million. With upgrades to its processing plant nearly complete, RDG anticipates increased production and sales revenue in the near future.
For further insights into AU:RDG stock, check out TipRanks’ Stock Analysis page.