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DeSoto Resources Explores Manganese Potential in Brazil
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DeSoto Resources Explores Manganese Potential in Brazil

Desoto Resources Ltd. (AU:DES) has released an update.

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DeSoto Resources Ltd. has begun exploration at its Dom Silverio manganese project in Brazil, focusing on the potential for high-grade manganese carbonate, which could be a cost-effective material for electric vehicle batteries. Initial assessments indicate that the project could significantly contribute to the growing demand for manganese-dominant battery chemistries, especially in Brazil’s expanding electric vehicle market. The company is also conducting due diligence with access to extensive historical data to guide further exploration and metallurgical testing.

For further insights into AU:DES stock, check out TipRanks’ Stock Analysis page.

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