tiprankstipranks
Pure Resources Eyes Garnet Market Expansion
Company Announcements

Pure Resources Eyes Garnet Market Expansion

Pure Resources Limited (AU:PR1) has released an update.

Don't Miss Our Christmas Offers:

Pure Resources Limited has announced successful preliminary test work results for its Reedy Creek Garnet Project in northern Western Australia, with promising ore sorting and magnetic separation outcomes. The initial tests show potential for producing high-quality garnet for various markets, prompting the company to expedite further testing and evaluate commercial viability. The project is poised to become a significant player in the global garnet industry, particularly in the Asian markets.

For further insights into AU:PR1 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App