Promising Results for Mineral Resources Exploration Program

Mining company Mineral Resources has reported promising early results from its exploration program at the Mt Marion lithium mine. The drilling confirmed the presence of lithium-bearing pegmatites at significant depths, highlighting the site's exploration potential. Mineral Resources conducted approximately 34 kilometers of drilling in 2023 and plans to double its capacity by the year-end. Additionally, the company terminated an agreement with Ganfeng Lithium for converting spodumene concentrate into lithium battery chemicals. Mineral Resources remains optimistic about the future of Mt Marion and its strong position in the lithium market.