25th Apr 2016 07:21
LONDON (Alliance News) - Tri-Star Resources PLC on Monday saw its shares rise following successful testing work on the Oman antimony roaster project.
Tri-Star shares were up 17% to 0.12 pence on the news, one of the best performers in the AIM All-Share.
Tri-Star said Strategic & Precious Metals Processing LLC, the operator of the project and in which Tri-Star holds a 40% stake, has completed test work which resulted in the first production of high-purity antimony metal.
"The tests confirmed the ability to use such technologies to produce antimony metal in a modern environmentally advanced manner, when compared to other traditional metal reduction methods," Strategic & Precious Metals Processing said.
By Sam Unsted; [email protected]; @SamUAtAlliance
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