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Eastern Resources Limited ( (AU:EFE) ) just unveiled an update.
Eastern Resources Limited announced promising results from preliminary metallurgical test work on samples from its Lepidolite Hill Project. The tests, conducted by Nagrom laboratory, showcased an 80.5% lithia recovery yielding a lepidolite concentrate with 3.75% Li2O and minimal iron contamination at 0.07% Fe2O3. These results highlight the potential for efficient production of commercial lithium concentrates using magnetic separation and flotation processes, potentially strengthening the company’s position in the lithium market.
More about Eastern Resources Limited
Eastern Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the production of lithium concentrates, with particular interest in projects like the Lepidolite Hill Project, which aims to produce commercial-grade lithium products.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.97M
Find detailed analytics on EFE stock on TipRanks’ Stock Analysis page.
