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MetalNRG Plc ( (GB:AMG) ) just unveiled an announcement.
Atlas Metals Group plc has published an updated Competent Person’s Report (CPR) regarding its proposed acquisition of Universal Pozzolanic Silica Alumina Ltd (UPSA). The report highlights the inclusion of extraction rights for additional lots at the Yammacoona Sand Quarry and estimates an increase in inferred resources. A financial model projects a net present value of A$3.312 billion over 25 years, indicating strong potential for the quarry’s commercial viability. UPSA’s pozzolanic silica alumina sand resource is positioned to significantly reduce carbon emissions in concrete production, attracting interest from major industry players and supporting sustainable infrastructure development globally.
More about MetalNRG Plc
Atlas Metals Group plc is a natural resources and energy company focused on acquiring and commercializing significant mineral resources. The company is currently involved in a proposed acquisition of Universal Pozzolanic Silica Alumina Ltd (UPSA), which holds rights to a substantial pozzolanic silica alumina sand resource in New South Wales, Australia.
Average Trading Volume: 252,927
Technical Sentiment Signal: Buy
Current Market Cap: £4.06M
See more insights into AMG stock on TipRanks’ Stock Analysis page.