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Liontown Resources Advances with New Paste Plant
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Liontown Resources Advances with New Paste Plant

GR Engineering Services Ltd (AU:GNG) has released an update.

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Liontown Resources has awarded GR Engineering Services a $71 million contract to construct and commission a paste plant for Kathleen Valley’s underground mining operations. The plant, pivotal for enhancing ore recovery and designed with future expansion in mind, will contribute to the company’s sustainable mining practices by enabling dry stacking and water recycling. This strategic move, funded by a recent A$550m financing facility, aligns with Liontown’s growth and commitment to eco-friendly operations.

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

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