The strategic mineral resources company Brazil Minerals Inc (OTCMKTS:BMIX) , which is intimately involved with the green energy revolutions has been in the news this week owing to an announcement back on Monday. Yesterday, the stock was trading in a range and in this situation, it might be a good idea for investors to take a look at the actual announcement from Brazil Minerals.
The company announced that it made considerable progress in its iron and lithium ion projects over the course of the past few weeks. That was a major announcement from the company and one that brought it to the attention of many investors.
On the other hand, the Chief Executive Officer of Brazil Minerals also spoke about the advances made by the company in these projects. He stated that people at the company were ‘delighted’ with some of the recent results that had been obtained.
He went on to state that those were significant developments since it is an indication of the fact that Brazil Minerals was en route to unlocking considerable value from the massive mineral rights portfolio that it controls at this point in time. Investors could consider keeping an eye on the Brazil Minerals stock this week.