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Kingsland Minerals Ltd. ( (AU:KNG) ) has issued an update.
Kingsland Minerals Ltd. announced strong infill drilling results at its Leliyn Graphite Project, enhancing its mineral resource estimates and paving the way for a Scoping Study on graphite production. With new investment from Quinbrook Infrastructure Partners, the company is poised to advance mining studies and develop downstream processing facilities, aiming to capitalize on the growing demand for non-Chinese graphite in the battery industry.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd. operates in the mining industry, focusing on the extraction and processing of graphite. The company is advancing its Leliyn Graphite Project located in Northern Territory, which is noted for its significant graphite deposits.
YTD Price Performance: -13.33%
Average Trading Volume: 108,274
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of KNG stock, go to TipRanks’ Stock Analysis page.
