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Cyprium Metals Cancels Cue Project Divestment Amid Strategic Review

Story Highlights

Cyprium Metals Limited ( (AU:CYM) ) has provided an announcement.

Cyprium Metals Limited has canceled the divestment of its Cue Project to Q Resources Pty Ltd by mutual agreement. This decision follows the company’s regained control of the Paterson Exploration Project, prompting a strategic review of non-core exploration assets. The company remains focused on restarting production at the Nifty Copper Complex and plans to reassess strategic options for its exploration projects once the review is complete.

More about Cyprium Metals Limited

Cyprium Metals Limited is an Australian copper company listed on the ASX, primarily focused on redeveloping the Nifty Copper Complex in Western Australia. The company has a history of significant copper production and is leveraging its existing resources and operational approvals to restart production. Cyprium also holds copper-focused assets in the Paterson and Murchison Provinces.

Technical Sentiment Signal: Buy

Current Market Cap: €23.24M

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

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