AustChina Holdings Limited ( (AU:AUH) ) has provided an update.
AustChina Holdings Limited reported a loss of $670,503 for the half-year ending December 2024, compared to a loss of $374,779 in the previous year. The company is strategically focusing on exploring alternative technologies for its Blackall Coal Project and reviewing mineral resource investment opportunities. Additionally, AustChina has entered a binding agreement to potentially acquire the Chenene Lithium Project in Tanzania, aiming to enhance its project portfolio and generate cash flow in the short to medium term.
More about AustChina Holdings Limited
AustChina Holdings Limited operates in the energy and resources sector, focusing on exploration and investment. The company is involved in projects that explore alternative technologies for coal utilization and invests in mineral resource-based projects to create shareholder value.
Current Market Cap: A$2.75M
See more data about AUH stock on TipRanks’ Stock Analysis page.