Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%
Iron Ore
101.25
(0.04%)
Lithium
42.74
1.28%
Gold
2,633.50
0.16%
Copper
4.10
0.2%
Oil
70.17
0.88%
Bitcoin
97,894.45
(0.74%)
USD/AUD
0.62
0.06%
FTSE 100
8,137.00
0.42%
Nikkei 225
39,036.77
(0.34%)
Dow Jones
43,297.03
0.89%
Hang Seng
20,098.29
0.94%

Anax Metals (ASX: $ANX) repurposes waste rock at whim creek site

Anax Metals announces waste rock project update


Anax Metals (ASX:ANX) is gearing up to generate near-term revenue by repurposing waste rock at the Whim Creek site. Having secured all necessary permits, the company plans to commence production in early 2025, creating construction materials such as road base and aggregates. This initiative is part of Anax's strategy to diversify revenue streams and enhance shareholder value.

Anax Metals' strategic outlook and goals


Anax Metals is advancing its waste rock project at the Whim Creek site, with production set to begin in early 2025. By converting waste rock into construction materials, Anax aims to tap into the growing demand for aggregates in the Pilbara region, as confirmed by an Independent Market Assessment. The project is strategically located to benefit from logistics advantages and existing infrastructure, and aligns with Anax's commitment to sustainability and economic growth. Anax is working on finalizing commercial agreements and securing product sales contracts, while also advancing its copper project strategy. With permits in place to process 500,000 tonnes of waste rock annually, the company is poised to enhance its revenue streams and support its goal of a circular economy.

Executive commentary from Anax Metals


Geoff Laing, Managing Director, emphasized the focus on generating near-term cash flows and diversifying revenue.

ANAX METALS LIMITED
ANX | ASX | Materials
0.0120(+0%)
At close 24/12 (AEDT)
Market cap
$10.5M
Volume
250,000
DY Yield
PE Ratio
52 Week Range
0.009 - 0.067
1YR Return
N / A

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