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TG Metals Ltd. ( (AU:TG6) ) just unveiled an update.
TG Metals has filed a provisional patent application in Australia for a proprietary metallurgical flowsheet that enhances recovery and quality of spodumene concentrate from lithium pegmatite ore at its Burmeister deposit. The process integrates dense media separation with flotation and addresses previously poor flotation selectivity in middlings and fines streams, improving overall lithium recovery and concentrate quality while lowering processing costs.
Management says the breakthrough will underpin future feasibility studies at Burmeister and could materially improve project margins. The company also sees potential to apply the technology to other lithium ore sources, opening commercial opportunities through licensing or royalty agreements and strengthening TG Metals’ positioning in hard rock lithium processing.
The most recent analyst rating on (AU:TG6) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on TG Metals Ltd. stock, see the AU:TG6 Stock Forecast page.
More about TG Metals Ltd.
TG Metals Ltd. is an Australian exploration and development company focused on hard rock lithium resources, particularly the Burmeister deposit at its Lake Johnston Project in Western Australia. The company is advancing metallurgical processing technologies for spodumene concentrates to improve lithium recovery and product quality in a competitive battery minerals market.
Average Trading Volume: 224,834
Technical Sentiment Signal: Sell
Current Market Cap: A$21.09M
See more insights into TG6 stock on TipRanks’ Stock Analysis page.