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Podium Minerals Ltd. ( (AU:POD) ) has issued an announcement.
Podium Minerals Limited has announced a significant advancement in its metallurgical processing capabilities with the development of a new concentrator flowsheet for its Parks Reef PGM Project. This breakthrough is expected to enhance the company’s operational efficiency by achieving high recovery rates for platinum, palladium, and gold, while also offering flexible revenue pathways through various product commercialization options. The company is capitalizing on favorable market conditions, with rising PGM prices and a strategic capital raise of A$12 million to accelerate project activities, positioning itself as a prominent player in the Australian PGM sector.
More about Podium Minerals Ltd.
Podium Minerals Limited is a company operating in the mining industry, focusing on the extraction and processing of Platinum Group Metals (PGM) from its Parks Reef Project in Western Australia. The company is dedicated to developing innovative metallurgical processes to enhance the recovery and commercialization of PGMs, with a strategic focus on becoming a leading PGM producer in the region.
YTD Price Performance: 190.0%
Average Trading Volume: 2,999,258
Technical Sentiment Signal: Buy
Current Market Cap: A$78.25M
Find detailed analytics on POD stock on TipRanks’ Stock Analysis page.