Diatreme Resources Limited (AU:DRX) 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
Diatreme Resources Limited has signed a non-binding Memorandum of Understanding with Mitsui & Co to explore the potential sale and purchase of silica sand from Diatreme’s North Queensland projects. This strategic move aligns with the soaring demand for high-purity silica needed in the solar energy sector, reinforcing Diatreme’s position in the market. The partnership with Mitsui, a global trading powerhouse, offers significant support and opportunities for the sustainable development of Diatreme’s projects.
For further insights into AU:DRX stock, check out TipRanks’ Stock Analysis page.