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Pure Resources and SSH Group Form Strategic Alliance for Reedy Creek Project

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Pure Resources and SSH Group Form Strategic Alliance for Reedy Creek Project

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SSH Group Ltd. ( (AU:SSH) ) has issued an update.

Pure Resources Limited has entered into a strategic alliance with SSH Group Ltd to accelerate the development of the Reedy Creek Garnet Project. This partnership will enhance the project’s timeline and operational capacity, leveraging SSH’s resources for geological assessments, regulatory approvals, and infrastructure establishment. The Reedy Creek Project is strategically located to access global markets, with its mining lease extending until 2038 and showing significant potential. This collaboration marks a significant step in positioning Pure Resources for long-term success and enhancing its operational execution capabilities.

More about SSH Group Ltd.

Pure Resources Limited is an ASX-listed company focusing on battery metals, including nickel and copper assets. The company aims to expand its portfolio by generating new projects or acquiring existing ones, with a strong determination to include lithium, rare earths, or graphite.

YTD Price Performance: 23.75%

Average Trading Volume: 38,508

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$6.52M

See more insights into SSH stock on TipRanks’ Stock Analysis page.

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