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Mineral Commodities Battles Buyer Default, Pushes Munglinup Takeover Forward

4:04am on Monday 2nd of June, 2025 AEST Mining
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Mineral Commodities Battles Buyer Default, Pushes Munglinup Takeover Forward

4:04am on Monday 2nd of June, 2025 AEST
Key Points
  • Buyer Norge Mineraler defaults on Skaland Graphite sale despite partial payment
  • Ongoing negotiations to acquire remaining 49% of Munglinup Graphite Project
  • Tormin mineral sands business placed in provisional liquidation
  • Pilot-scale battery anode plant shows promising preliminary results
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