Victory Goldfields Limited ( (AU:VTM) ) has provided an announcement.
Victory Metals Ltd has successfully produced Gallium in its final MREC product, marking a significant milestone for the company and positioning it as a leader in the Australian Gallium market. This achievement comes amid China’s recent export bans on Gallium, highlighting Victory’s potential to provide a secure, western-aligned supply of this critical element. The company is advancing discussions with partners across technology, defense, and energy sectors, further enhancing its strategic positioning in the global critical minerals landscape.
More about Victory Goldfields Limited
Victory Metals Ltd is a company operating in the heavy rare earth and critical mineral industry, focusing on the production of Mixed Rare Earth Carbonate (MREC) products. The company is involved in the extraction and recovery of valuable elements such as Dysprosium, Terbium, and Gallium from its North Stanmore project in Western Australia.
YTD Price Performance: -3.75%
Average Trading Volume: 127,475
Technical Sentiment Signal: Sell
Current Market Cap: A$41.77M
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