Vanadium Resources Extends MOU with China Energy

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Vanadium Resources Extends MOU with China Energy

An update from Vanadium Resources Ltd. ( (AU:VR8) ) is now available.

Vanadium Resources Limited has announced an extension of its Memorandum of Understanding with China Energy International Group concerning the Steelpoortdrift Vanadium Project. The extension, now valid until June 30, 2025, allows more time to finalize an agreement for engineering, procurement, construction services, and financing assistance, potentially impacting the company’s operations and market position positively.

More about Vanadium Resources Ltd.

Vanadium Resources Limited operates in the mining industry, focusing on the extraction and development of vanadium resources. Its primary project is the Steelpoortdrift Vanadium Project, which involves activities centered around vanadium mining and resource management.

YTD Price Performance: -13.33%

Average Trading Volume: 180,090

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$14.63M

For a thorough assessment of VR8 stock, go to TipRanks’ Stock Analysis page.

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