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The latest announcement is out from WA1 Resources Ltd ( (AU:WA1) ).
WA1 Resources Ltd has successfully produced the first ferroniobium from its West Arunta Project’s Luni site. This marks a significant milestone in the company’s operations, demonstrating the feasibility of a conventional ferroniobium process flowsheet. The company is continuing its testwork programs to expand production capabilities and define mineralization boundaries to support future development, potentially strengthening its position in the niobium market.
More about WA1 Resources Ltd
WA1 Resources Ltd is a company operating in the mining industry, focusing on niobium production. Its primary market focus is the production of ferroniobium, the most established market for niobium products, which accounts for approximately 90% of global niobium consumption.
YTD Price Performance: 2.42%
Average Trading Volume: 188,056
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$918.9M
Learn more about WA1 stock on TipRanks’ Stock Analysis page.