Bindi Metals Limited (ASX: BIM) announced the strategic acquisition of the Lisa Antimony-Gold Project and the Mutnica Antimony-Copper Project in Serbia, Europe. This acquisition, made under a binding tenement sale agreement, signifies a significant step forward for Bindi. The Lisa Project tenure, covering approximately 30km, and the Mutnica Project tenure, comprising 50.5km, hold immense potential. The historical high-grade antimony mining within the Lisa permit and the presence of high grades of antimony at Mutnica make these acquisitions particularly promising, instilling a sense of optimism about the future.
These projects are well-positioned to address Europe’s growing supply chain vulnerabilities for critical metals, especially with antimony playing a crucial role in defense and renewable energy technologies. These acquisitions underscore Bindi’s unwavering commitment to securing essential mineral resources, instilling confidence in the company’s mission.
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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.