Stocks of the Hour: Rincon Resources, Battery Minerals, St George Mining
A snapshot of the stocks on the move, featuring Rincon Resources (ASX:RCR), Battery Minerals (ASX:BAT) and St George Mining (ASX: SGQ).
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Battery Minerals Limited
Battery Minerals Limited, an ASX listed company (ASX:BAT) is a diversified mining development and minerals exploration company dedicated to exploring for and developing mineral deposits in Mozambique. The Company is maintaining a focus on its two graphite projects Montepuez and Balama which are located in Mozambique.
Battery Minerals Limited aims to produce high-quality graphite flake, a crucial ingredient in the efficient operation of lithium-ion batteries. Subject to completing project financing for the Montepuez Graphite Project in Mozambique, the company initially expects to produce 50,000tpa of 96% TGC and grow production towards over 200,000tpa over the next five years.
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Stocks of the Hour: Rincon Resources, Battery Minerals, St George Mining
A snapshot of the stocks on the move, featuring Rincon Resources (ASX:RCR), Battery Minerals (ASX:BAT) and St George Mining (ASX: SGQ).
WATCH VIDEOAll Battery Minerals Limited Content
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When a stock is trading at a fraction of a cent, it’s usually a message for investors to abandon all hope and sell for the tax losses while they can. But ‘penny dreadful’ shares can sometimes rise from the ashes.
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