Admiralty Resources NL (AU:ADY) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Admiralty Resources NL announced the Mariposa Iron Ore Project in Chile has entered the pre-production phase, with significant infrastructure and transmission line improvements, and has begun stockpiling iron ore at the port. Admiralty is targeting the project’s first iron ore shipment for early November 2024, following successful testing that has accumulated 30,000 tonnes of ore with an average of 66% iron content. The company plans to update the market as the project advances towards full-scale production and shipping.
For further insights into AU:ADY stock, check out TipRanks’ Stock Analysis page.