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Red Mountain Mining Ltd ( (AU:RMX) ) just unveiled an announcement.
Red Mountain Mining Ltd has acquired the Yellow Pine Antimony Project in the Stibnite Mining District, Idaho, USA, which is strategically located near Perpetua Resources’ Stibnite Gold-Antimony Project. This acquisition complements RMX’s existing Utah Antimony Project and aligns with the company’s strategy to expand its critical minerals portfolio. The project was funded internally, and RMX is exploring further US expansion opportunities, including a potential US stock market listing, supported by strong market interest and government backing.
More about Red Mountain Mining Ltd
Red Mountain Mining Limited (ASX: RMX) is a gold and critical minerals exploration and development company. The company focuses on expanding its portfolio of antimony and critical minerals projects, particularly in the USA and Australia.
YTD Price Performance: 50.0%
Average Trading Volume: 24,472,420
Technical Sentiment Signal: Sell
Current Market Cap: A$9.42M
For detailed information about RMX stock, go to TipRanks’ Stock Analysis page.