Reward Minerals Limited ( (AU:RWD) ) has issued an update.
Reward Minerals Limited has applied for a new exploration license for the Warroora Gypsum Project, which is strategically located near their Carnarvon Potash Project in Western Australia. This initiative aims to secure a long-term supply of gypsum, a key ingredient in their SOP recovery operations. Additionally, the company is evaluating divestment options for non-core gold projects and has been engaging with potential investors across various industries to integrate their processing technologies into new and existing potash developments. The company is also managing the Beyondie Potash Plant, which is under care and maintenance, while exploring potential acquisitions and engineering assessments for future SOP developments.
More about Reward Minerals Limited
Reward Minerals Limited is a leading company in the potash processing and project development industry, focusing on innovative technologies for the recovery of potassium sulfate (SOP) from seawater. The company is actively engaged in the exploration and development of potash projects, with a market focus on fertilizers and related chemical products.
YTD Price Performance: -1.67%
Average Trading Volume: 55,178
Technical Sentiment Signal: Hold
Current Market Cap: A$15.77M
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