Anax Metals Ltd (ASX: ANX) is actively pursuing a near-term revenue opportunity by producing construction materials from waste rock at the Whim Creek site. Collaborating with Castle Civil Pty Ltd, Anax aims to develop a business that transforms waste rock into valuable road base and aggregate products. A commercial-scale trial is currently underway to reproduce materials suitable for blending into road-based products.
The Whim Creek Copper-Zinc Project, located 100 km southwest of Port Hedland, is fully permitted for mining and processing, making it well-positioned to supply the rapidly developing Pilbara region. This initiative not only complements Anax’s plans for a regional copper and base metals hub but also offers environmental benefits by repurposing waste. The company remains focused on advancing its copper business while exploring additional opportunities for growth and exploration in the area.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
