Pure Resources Limited (AU:PR1) has released an update.
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Pure Resources Limited is swiftly advancing the second phase of metallurgical testing at its Reedy Creek Garnet Project, aiming to produce commercially viable garnet products for markets in Australia, USA, and Asia. With the potential to become Australia’s sole hard-rock garnet producer, the company is conducting extensive tests on three tonnes of garnetiferous material, indicating strong prospects for industrial applications such as jet cutting and water filtration. This step marks a significant move towards establishing a profitable operation and meeting rising demand in Asian markets.
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