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Pure Resources Limited ( (AU:PR1) ) just unveiled an update.
Pure Resources Limited has announced a strategic alliance with SSH Group Ltd to accelerate the development of the Reedy Creek Garnet Project. This collaboration is expected to enhance the project’s timeline and operational capacity, positioning Pure Resources for long-term success in the garnet market. The project benefits from a strategic location near major transport routes, facilitating access to Asian and global markets. The partnership will focus on exploration, resource development, feasibility planning, and infrastructure establishment, with SSH leading site operations and identifying early revenue opportunities.
More about Pure Resources Limited
Pure Resources Limited is an ASX-listed company focused on becoming a prominent player in the battery metals industry. It manages a portfolio of nickel and copper assets and seeks to expand into lithium, rare earths, or graphite projects.
YTD Price Performance: -3.85%
Average Trading Volume: 21,708
Technical Sentiment Consensus Rating: Buy
Learn more about PR1 stock on TipRanks’ Stock Analysis page.
