Black Rock Mining Limited (AU:BKT) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Black Rock Mining Limited has secured a US$40 million equity investment from POSCO International Corporation, enhancing its financial strategy for the Mahenge Graphite Project in Tanzania. This strategic partnership also includes a long-term offtake agreement for graphite concentrate, de-risking the company’s pathway to production. Additionally, Black Rock has signed a US$179 million facilities agreement with various banks to further develop the project.
For further insights into AU:BKT stock, check out TipRanks’ Stock Analysis page.