Some recent news from our neighbour in Mozambique :-
“According to the initial project of this venture, Ding Sheng Minerals will install two ore processing plants, each with a capacity of 10,000 tonnes a day,” the press release reads.
The target was set at a December 6 meeting of shareholders’ representatives in Gaza.
During its 25-year concession, Ding Sheng expects to extract one million tonnes of ilmenite (titanium oxide and iron) annually, in addition to heavy sands. The company plans to build a road to transport heavy sands from the mine in the Chibuto district. "
Am working on some intel from a contact in Mozambique- if any interesting info on mineral sands and
in particular that which may relate to MRQ will report.
Looking good - FWIW.
Cheers
MRQ Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held