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Trigg Mining Ltd. ( (AU:TMG) ) has provided an update.
Trigg Minerals Ltd has announced the completion of a conceptual study for a state-of-the-art antimony smelter using Metso’s Ausmelt technology. The proposed facility aims to produce 5,000 tonnes of high-purity antimony annually, establishing one of the only mine-to-metal supply chains in the Western world. The smelter is designed to be energy-efficient and environmentally responsible, with features like advanced off-gas systems and water treatment units. This development is significant for the U.S. as antimony trisulfide is crucial for munitions, and the project supports a domestic supply chain, enhancing strategic metals security.
More about Trigg Mining Ltd.
Trigg Minerals Ltd is a company operating in the mining industry, focusing on establishing a mine-to-metal supply chain for antimony, a critical mineral. The company is working on producing high-purity antimony ingot and antimony trisulfide, which are essential for various applications, including munitions.
Average Trading Volume: 25,807,784
Technical Sentiment Signal: Buy
Current Market Cap: A$102.4M
Learn more about TMG stock on TipRanks’ Stock Analysis page.