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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.