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An announcement from Alba Mineral Resources ( (GB:ALBA) ) is now available.
Alba Mineral Resources has provided an operational update on its project portfolio, highlighting progress in Greenland, Sweden, and Wales. The company is advancing its interest in the Motzfeldt Critical Metals Project in Greenland, with a mini-bulk sample set for testing in South Africa and ongoing data analysis from a hyperspectral drone survey. In Sweden, Alba is preparing for drilling at the Finnsbo copper-gold-rare earths project, pending necessary consents. Meanwhile, in Wales, the company is implementing safety and infrastructure improvements at the Clogau Gold Mine, with plans for blasting to commence in November. These developments align with Alba’s strategy to enhance its position in the critical minerals market, particularly in light of recent geopolitical shifts affecting rare earth supply chains.
More about Alba Mineral Resources
Alba Mineral Resources Plc is a company focused on the exploration and development of gold and critical raw materials. Operating primarily in the mining sector, Alba is engaged in projects across various locations, including Greenland, Sweden, and Wales, with a market focus on securing and diversifying supply chains for critical minerals essential for technologies like electric vehicles and wind turbines.
Average Trading Volume: 224,808,830
Technical Sentiment Signal: Sell
Current Market Cap: £3.69M
Find detailed analytics on ALBA stock on TipRanks’ Stock Analysis page.