Business
Here’s why the Neometals (ASX:NMT) share price is running higher
The Neometals Ltd (ASX: NMT) share price is up today after the company announced that its Chinese partner, IMUMR, has started pilot plant trails at the Barrambie Titanium and Vanadium Project.
At the time of writing, the valuable metals miner’s shares are trading 1.49% higher at 34 cents after reaching an intraday high of 36 cents.
Located 80km northwest of Sandstone in Western Australia, Neometals owns the Barrambie Titanium and Vanadium Project. The company considers it the most advanced, undeveloped hard-rock titanium mineral resource in Australia.
Neometals has an approved mining permit for the site and has spent around $30 million in exploration and evaluation since 2003.
Pilot trials commence
In today’s release, Neometals…
-
Noosa News22 hours agoMitch Power Quick Shear event gets men talking about mental health
-
General23 hours agoAccused of Antisemitism: Herald Sun, Israel lobby v Dandenong Clr Rhonda Garad
-
Noosa News16 hours agoNRL live updates: Newcastle Knights vs Melbourne Storm, St George Illawarra Dragons vs Sydney Roosters, North Queensland Cowboys vs Canterbury Bulldogs
-
Noosa News23 hours agoReport into Queensland CFMEU branch leaves many questions unanswered