Blackstone Minerals Ltd (AU:BSX) has released an update.
Blackstone Minerals Ltd has announced strategic initiatives including a non-binding Memorandum of Understanding with Yulho Co. Ltd and EN Plus Co. Ltd for potential joint ventures, as well as engaging with Vietnamese companies for the sale of byproducts from their Ta Khoa Refinery. The company has also reported a solid financial position with end of quarter cash of $4.18m, bolstered by share sales and a significant Research and Development rebate. These developments underscore Blackstone’s commitment to contributing to the global transition to net zero and expanding its nickel business.
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