Metals Australia Ltd (AU:MLS) has released an update.

Metals Australia Ltd has announced key corporate and project developments in their latest quarterly activities report. The company appointed Tanya Newby as CFO and reported a solid cash balance of $17.35 million, with major efforts in advancing their high-quality mineral projects in Canada. Significant progress includes the commencement of a pre-feasibility study for their Lac Carheil Graphite Project and planning for an extensive exploration program at their Corvette River Project in Quebec.

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