Mindax Limited ( (AU:MDX) ) has issued an update.
Mindax Limited has been actively exploring pathways for the advancement of its Mid-West Shared Infrastructure Project, intending to support miners in transporting magnetite ore for export. The company is also seeking additional funds and development partners for the Mt Forrest Iron Project and has successfully filed an R&D Tax Incentive claim relating to the project’s studies. Ongoing discussions with stakeholders and potential partners underscore the company’s commitment to unlocking the value of iron ore assets in the Mid-West region.
More about Mindax Limited
Mindax Limited is involved in the mining industry, focusing on the development of iron and gold projects. Key projects include the Mt Forrest Iron/Gold and Mt Lucky Gold projects. The company is working to establish the Mid-West as an iron ore processing hub, with a particular focus on the Mid-West Shared Infrastructure Project, which aims to facilitate the transportation of magnetite ore for export.
YTD Price Performance: 0.0%
Average Trading Volume: 158,950
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$81.95M
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