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Capital Metals Advances Towards Final Investment Decision for Sri Lanka Project

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Capital Metals Advances Towards Final Investment Decision for Sri Lanka Project

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Capital Metals plc ( (GB:CMET) ) just unveiled an announcement.

Capital Metals PLC has made significant progress towards the Final Investment Decision (FID) for its Taprobane Minerals Project in Sri Lanka, with key engineering and logistical studies completed. The company is advancing discussions for project funding and approvals, while also strengthening community relations and expanding its in-country team. These developments are expected to enhance the project’s economic viability and support its long-term success.

More about Capital Metals plc

Capital Metals PLC is a mineral sands company focused on the development of the high-grade Taprobane Minerals Project in Sri Lanka. The company is involved in the extraction and processing of mineral sands, aiming to expand its operations and market presence within the mining industry.

Average Trading Volume: 417,079

Technical Sentiment Signal: Hold

Current Market Cap: £17.68M

Find detailed analytics on CMET stock on TipRanks’ Stock Analysis page.

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