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Empire Metals ( (GB:EEE) ) has shared an update.
Empire Metals has reported strong progress at its Pitfield titanium project in Western Australia, with metallurgical, engineering and environmental workstreams converging toward a defined process flowsheet that will underpin a Scoping Study later in 2026. Recent test work has confirmed that whole-of-ore flotation can selectively recover titanium minerals while rejecting more than 80% of gangue material, achieving concentrate grades above 34% TiO2 and recoveries of around 70%, and that atmospheric sulphuric acid leaching of these concentrates offers a potentially simpler, lower-temperature and lower-acid alternative to conventional acid-bake routes. The company plans to complete flowsheet selection in the first quarter of 2026, commence large-scale batch and pilot-scale metallurgical tests by mid‑year, and is simultaneously advancing engineering studies, environmental assessments and a new cooperation agreement with Mid West Ports Authority, collectively aimed at de-risking development, streamlining permitting and strengthening Pitfield’s competitive position in the global titanium supply chain.
The most recent analyst rating on (GB:EEE) stock is a Hold with a £40.00 price target. To see the full list of analyst forecasts on Empire Metals stock, see the GB:EEE Stock Forecast page.
Spark’s Take on GB:EEE Stock
According to Spark, TipRanks’ AI Analyst, GB:EEE is a Neutral.
Overall score is held back primarily by weak financial performance (pre-revenue, widening losses, and worsening cash burn), partially offset by a strong technical uptrend (price above major moving averages with positive MACD) and a conservative balance sheet with very low leverage. Valuation remains a drag due to negative earnings and no dividend yield data.
To see Spark’s full report on GB:EEE stock, click here.
More about Empire Metals
Empire Metals Limited is an AIM-quoted and OTCQX-traded natural resources company focused on exploration and development, with its flagship asset being the Pitfield titanium project in Western Australia. The company is positioning Pitfield as a globally significant titanium development, targeting downstream markets including titanium dioxide pigment and titanium metal feedstock within a Tier-1 mining jurisdiction.
Average Trading Volume: 3,135,743
Technical Sentiment Signal: Strong Buy
Current Market Cap: £300.7M
For an in-depth examination of EEE stock, go to TipRanks’ Overview page.

