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Resource Development Group Seeks Partner for Full-Scale HPMSM Production

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Resource Development Group Seeks Partner for Full-Scale HPMSM Production

Confident Investing Starts Here:

An announcement from Resource Development Group Limited ( (AU:RDG) ) is now available.

Resource Development Group Limited has successfully produced samples of High Purity Manganese Sulphate Monohydrate (HPMSM) using proprietary technology and is seeking a strategic partner to advance to full-scale production. The company has optimized its production process and developed a model for a 50,000tpa HPMSM plant, positioning itself to potentially establish Australia’s first HPMSM production facility, which could significantly impact its operations and market positioning.

More about Resource Development Group Limited

Resource Development Group Limited operates in the mining industry with a focus on producing battery minerals. The company is engaged in the production of High Purity Manganese Sulphate Monohydrate (HPMSM) from its Ant Hill manganese deposit, aiming to become a key player in the battery materials market.

YTD Price Performance: -56.52%

Average Trading Volume: 281,505

Technical Sentiment Signal: Buy

Current Market Cap: A$29.51M

Find detailed analytics on RDG stock on TipRanks’ Stock Analysis page.

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