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Macmahon Holdings Limited ( (AU:MAH) ) just unveiled an update.
Cyprium Metals has entered a strategic alliance with Macmahon Holdings to accelerate the redevelopment of the Nifty Copper Complex. This collaboration will see Macmahon lead the Bankable Feasibility Study and site operations, aiming to expedite the feasibility studies and refurbishment programs. The alliance is expected to enhance Cyprium’s operational capacity and create opportunities for early revenue generation, positioning Nifty as a leading copper producer in Australia.
More about Macmahon Holdings Limited
Cyprium Metals Limited is an Australian copper company listed on the ASX, focusing on the redevelopment of the Nifty Copper Mine in Western Australia. The company benefits from significant invested capital, a wealth of operational data due to its long history, and multiple copper-focused assets in the Paterson and Murchison Provinces.
YTD Price Performance: -6.36%
Average Trading Volume: 2,500
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $434M
Learn more about MAH stock on TipRanks’ Stock Analysis page.
