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The latest update is out from PepinNini Minerals Limited ( (AU:PNN) ).
Power Minerals Limited has announced a strategic partnership with Brazilian mining company EDEM to explore and potentially acquire the Santa Anna Niobium Carbonatite Project in Goiás State, Brazil. This partnership aims to leverage EDEM’s extensive local expertise and infrastructure to reduce exploration costs and accelerate project development. The collaboration is expected to enhance Power’s position in the clean energy metals sector, with EDEM focusing on the project’s phosphate potential while Power explores critical minerals. The partnership could lead to significant cost savings and value creation for shareholders, with potential for further exploration opportunities within EDEM’s portfolio.
More about PepinNini Minerals Limited
PepinNini Minerals Limited, trading as Power Minerals Limited, operates in the mining industry with a focus on clean energy metals exploration and development. The company is primarily engaged in the exploration of niobium, rare earth elements (REEs), and phosphate, with a strategic focus on South American markets.
YTD Price Performance: -34.78%
Average Trading Volume: 459,253
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.64M
Learn more about PNN stock on TipRanks’ Stock Analysis page.