Boab Metals Ltd (AU:BML) has released an update.
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Boab Metals Ltd has received crucial amendments to its Sorby Hills Project approval from the Western Australian Government, allowing for increased mining production and potential cost reductions. These changes align with the company’s FEED study and pave the way for a final investment decision expected in the second half of 2025. Boab is also exploring additional financial strategies, including a prepayment facility with Trafigura, to support project advancement.
For further insights into AU:BML stock, check out TipRanks’ Stock Analysis page.