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Reward Minerals Limited ( (AU:RWD) ) has provided an announcement.
Reward Minerals reported a busy December 2025 quarter marked by the completion of its acquisition of the Copper Lance copper project in Newfoundland, where it has finished compiling historic geological data and conducted a maiden field sampling program, with assay results due in February. In Western Australia, the company advanced data compilation and heritage protection agreement negotiations for its Kalgoorlie Gold, North Bore Copper, Beyondie-area potash and Warroora Gypsum tenements, while maintaining low-level exploration spending and closing the period with about A$938,000 in cash. Reward also intensified efforts to secure a joint venture with solar salt and seawater desalination operators, including active engagement with Middle Eastern counterparties and participation in the Future Minerals Forum 2026 in Riyadh, as it seeks to deploy its SOP processing technology and Beyondie plant into new brine-based projects and reinforce its ambition to become a globally relevant, low‑cost SOP producer.
The most recent analyst rating on (AU:RWD) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Reward Minerals Limited stock, see the AU:RWD Stock Forecast page.
More about Reward Minerals Limited
Reward Minerals Limited is an ASX-listed mineral development company focused on potash processing, particularly the production of high-purity sulphate of potash (SOP), as well as magnesium compounds and related by‑products. Leveraging its proprietary processing technology and the existing Beyondie SOP plant in Western Australia, the company targets integration with solar seawater salt and desalination operations, positioning itself as a prospective low-cost supplier to global fertilizer, chemical and industrial markets.
Average Trading Volume: 105,243
Technical Sentiment Signal: Sell
Current Market Cap: A$11.24M
See more data about RWD stock on TipRanks’ Stock Analysis page.