Battery Mineral Resources Corp (TSE:BMR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Battery Mineral Resources Corp. has secured a C$8 million credit line through its subsidiary ESI Energy Services Inc. to restart copper concentrate production at the Punitaqui Project in Chile. The initial C$5 million drawdown will facilitate the hiring of personnel and maintenance of mine operations, with plant commissioning expected in the near term and start-up projected for Q2 2024.
For further insights into TSE:BMR stock, check out TipRanks’ Stock Analysis page.