Castile Resources Ltd (AU:CST) has released an update.
Castile Resources Ltd has announced a partnership with the Northern Territory Land Development Corporation to establish a critical minerals processing and clean energy production hub at the $2 billion Middle Arm Sustainable Development Precinct in Darwin, Australia. The move aligns with the Northern Territory’s economic expansion goals and will include relocating the ‘refining’ section of Castile’s processing plant for gold, copper, and cobalt. The strategy promises environmental benefits, reduced capital infrastructure needs, and improved logistics, leveraging local skilled labor and streamlined environmental approvals.
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