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The latest announcement is out from Metals Australia Ltd ( (AU:MLS) ).
Metals Australia Ltd has made significant progress in its Lac Carheil Graphite Project in Quebec, Canada, receiving necessary permits for winter drilling and expanding its land claims significantly. These developments coincide with a favorable political climate in North America, influenced by potential tariffs on Chinese graphite imports, positioning the project as a crucial domestic supply source. Furthermore, the company has advanced its feasibility studies, including metallurgical test work and plant design, while also completing the first phase of its Corvette River Project exploration, which shows promising gold and base metal potential.
More about Metals Australia Ltd
Metals Australia Ltd operates within the mining industry, focusing on the exploration and development of mineral resources. The company concentrates on critical minerals such as graphite, as well as gold, silver, and base metals, with projects located in Canada and Australia.
YTD Price Performance: -4.35%
Average Trading Volume: 677,655
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$16M
See more data about MLS stock on TipRanks’ Stock Analysis page.
