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Group6 Metals (ASX: $G6M) accelerating production at Dolphin Tungsten Mine

Accelerating production and exploring regional opportunities


Group6 Metals Limited (ASX: $G6M) is ramping up production at the Dolphin Tungsten Mine, aiming to secure long-term western supplies of tungsten. The company is also exploring large regional opportunities and advancing downstream processing capability.

Executive Commentary on Production and Exploration


The company is committed to becoming a trusted major producer of high-quality tungsten products through sustainable and innovative development of high-grade mineral resources. With the acceleration of production at the Dolphin Tungsten Mine and the exploration of regional opportunities, we aim to meet the growing demand for tungsten and contribute to diversifying the supply chains in the tungsten market.

Summary of ASX Announcement


Group6 Metals Limited (ASX: $G6M) is focused on accelerating production at the Dolphin Tungsten Mine and exploring regional opportunities to secure long-term supplies of tungsten. The company aims to become a trusted major producer of high-quality tungsten products and is committed to sustainable and innovative development of high-grade mineral resources. With a strategic vision to add value through downstream processing and strategic partnerships, Group6 Metals is poised to meet the demand for tungsten and contribute to diversifying the supply chains in the market. The company's commitment to sustainability and responsible mining practices aligns with the principles of ESG, emphasizing long-term enterprise value and addressing societal priorities. The outlook for Group6 Metals includes maintaining steady production over the initial 14.5-year mine life, with opportunities for enhanced metal recovery and off-take agreements with established industry participants. The company's exploration activities aim to extend the project life and potentially discover additional high-grade tungsten resources, positioning Group6 Metals for long-term success in the tungsten market.

GROUP 6 METALS LIMITED
G6M | ASX | Materials
0.0280.001(+3.7%)
At close 05/07 (AEDT)
Market cap
$27.1M
Volume
17,750
DY Yield
0
PE Ratio
0
52 Week Range
0.024 - 0.14
1YR Return
-67.059%

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