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The latest announcement is out from Petratherm Ltd ( (AU:PTR) ).
PTR Minerals Limited, formerly known as Petratherm Limited, has officially changed its name following shareholder approval and will continue trading under the ASX code ‘PTR’. The company remains focused on advancing its Muckanippie titanium-rich heavy mineral sands discovery in South Australia, which is expected to enhance its positioning in the critical minerals exploration industry. The name change reflects PTR Minerals’ strategic focus on its mineral exploration projects, potentially impacting stakeholders by signaling a commitment to expanding its resource base and exploration activities.
More about Petratherm Ltd
PTR Minerals Limited (ASX: PTR) is a critical minerals explorer focused on discovering world-class deposits in both frontier and mature mineral provinces. The company has a significant project in the northern Gawler Craton in South Australia, where it has found substantial concentrations of titanium-rich heavy mineral sands at its Muckanippie Project. PTR Minerals also explores copper, gold, and rare earth projects, with notable sites in the Olympic Copper-Gold Province and the Comet Project, which has identified significant rare earths in shallow clays.
Average Trading Volume: 283,045
Technical Sentiment Signal: Buy
Current Market Cap: A$95.32M
Learn more about PTR stock on TipRanks’ Stock Analysis page.