Corella Resources Ltd (AU:CR9) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Corella Resources Ltd is accelerating its High Purity Alumina (HPA) research and development with government funding, aiming to enhance the efficiency of its kaolin-derived HPA production. The company’s Tampu kaolin deposit is positioned to meet increasing demand for HPA in batteries and LEDs, focusing on reducing capital and operational expenses while also optimizing environmental impact. Corella is collaborating with industry and academic partners to develop a cost-effective, innovative production process with a lab-scale pilot plant construction set to commence in early 2025.
For further insights into AU:CR9 stock, check out TipRanks’ Stock Analysis page.