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An announcement from Aquirian Limited ( (AU:AQN) ) is now available.
Aquirian Limited’s subsidiary, Western Energetics, has secured a three-year supply agreement valued at approximately $20 million with Aurenne Mt Ida Gold Pty Ltd for the Mt Ida gold mine in Western Australia. This agreement involves providing an Energetics and Technology package, which includes innovative products like the Collar Keeper® drill technology. This partnership highlights Aquirian’s commitment to enhancing efficiency, reducing costs, and eliminating single-use plastics, thus strengthening its position in the mining services industry and expanding its customer base.
More about Aquirian Limited
Aquirian Limited is a mining services company that specializes in delivering advanced drill and blast solutions globally. The company operates through its core units: Energetics, Technology, and People. Aquirian focuses on optimizing blast hole outcomes, reducing costs, and improving production efficiencies while positively impacting environmental performance. Its subsidiary, Western Energetics, offers strategic facilities for storage, logistics, and energetic solutions, supporting mining operations in Western Australia.
YTD Price Performance: 0.0%
Average Trading Volume: 15,141
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.54M
For an in-depth examination of AQN stock, go to TipRanks’ Stock Analysis page.
