Perpetual Resources Ltd. (AU:PEC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Perpetual Resources Ltd has signed a Memorandum of Understanding with the State Economic Development Department and Invest Minas to advance its exploration projects in Minas Gerais, Brazil. This partnership will aid in the development of lithium, rare earth, and tin projects, benefiting from government support in project approvals and local partnerships. This collaboration is seen as a significant step in strengthening Perpetual’s position in the emerging battery feedstock supply chain.
For further insights into AU:PEC stock, check out TipRanks’ Stock Analysis page.