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The latest announcement is out from MRG Metals Limited ( (AU:MRQ) ).
MRG Metals Limited has reported significant progress in their Mozambique Corridor Heavy Mineral Sands projects through a joint venture with Sinowin Lithium. The JV company, Terriland, is operational, and SLC has committed to a $6 million investment, with $3 million already deposited for working capital. Additionally, MRG has achieved promising results in rare earth elements exploration, with high TREO assay results in their Adriano REE Project, suggesting substantial potential. In Zimbabwe, they confirmed high-grade phosphate and REE assays, identifying targets for further exploration.
More about MRG Metals Limited
MRG Metals Limited operates within the mining industry, focusing primarily on heavy mineral sands and rare earth elements. The company has projects in Mozambique and Zimbabwe, and it is actively involved in joint ventures to develop these resources.
Current Market Cap: A$10.91M
For an in-depth examination of MRQ stock, go to TipRanks’ Stock Analysis page.
