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Viridis Mining and Minerals Limited ( (AU:VMM) ) just unveiled an announcement.
Viridis Mining and Minerals Limited has announced significant developments, highlighting its transition from a rare earth exploration company to entering development stages. This transition involves increased focus on economic studies and securing necessary approvals to expedite the Colossus Project towards production. The company has achieved a substantial resource upgrade and has made strides in metallurgy and downstream refining, establishing a presence in Brazil for rare earth oxide processing. Additionally, the company has reviewed the CEO’s remuneration package in line with its developmental focus, reflecting more intense work programs and international collaborations to fast-track project developments.
More about Viridis Mining and Minerals Limited
Viridis Mining and Minerals Limited is a resource exploration and development company with assets in Brazil, Canada, and Australia. The company’s projects are focused on rare earth elements, gold, nickel, copper, platinum group elements, and kaolin-halloysite. Notable projects include the Colossus Project, South Kitikmeot Project, Boddington West Project, Bindoon Project, and the Poochera and Smoky Projects.
YTD Price Performance: 27.27%
Average Trading Volume: 164,095
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$787.7K
See more data about VMM stock on TipRanks’ Stock Analysis page.
