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Capital Metals plc ( (GB:CMET) ) has shared an announcement.
Capital Metals PLC announced an upcoming investor webcast to discuss a recent mineral resource upgrade at their Taprobane Minerals Project in Sri Lanka. This development signifies a step forward in the project’s progression towards the mine development stage, potentially enhancing the company’s position in the mineral sands industry and offering insights into future resource expansion opportunities.
More about Capital Metals plc
Capital Metals is a UK-based company listed on the London Stock Exchange, focusing on the development of the Taprobane Minerals Project in Sri Lanka. The project involves the extraction of industrial minerals such as ilmenite, rutile, zircon, and garnet, and is recognized as one of the highest-grade mineral sands projects globally. The company aims to implement modern mining practices and contribute positively to the local community and economy, with projections of creating over 300 jobs and generating significant government revenue.
Average Trading Volume: 878,783
Technical Sentiment Signal: Hold
Current Market Cap: £25.58M
See more data about CMET stock on TipRanks’ Stock Analysis page.