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Black Rock Mining Secures A$5M, POSCO Boosts Graphite Ambitions with US$277M Plant

4:14am on Monday 2nd of June, 2025 AEST Mining
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Black Rock Mining Secures A$5M, POSCO Boosts Graphite Ambitions with US$277M Plant

4:14am on Monday 2nd of June, 2025 AEST
Key Points
  • Appointment of POSCO nominee Dongjoo Kim to Black Rock board
  • Completion of A$5 million placement at A$0.023 per share for working capital
  • POSCO Future M approves US$277 million spherical graphite plant in Korea
  • Mahenge Project benefits from Tanzania’s expanded hydropower capacity
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