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Fulcrum Metals Plc ( (GB:FMET) ) has shared an update.
Fulcrum Metals PLC announced its final results for 2024, highlighting its strategic transformation into a technology-focused company centered on sustainable gold tailings processing. The company has expanded its asset base in Kirkland Lake, entered agreements to monetize uranium assets, and initiated projects to enhance gold recovery using cyanide-free technology. The discovery of critical minerals like tellurium and gallium, along with successful testing of Extrakt’s technology, positions Fulcrum to capitalize on its assets and potentially become a significant environmentally friendly gold producer. The appointment of Mitchell Smith as Non-Executive Chairman and the signing of a Master Licence Agreement with Extrakt further solidify Fulcrum’s strategic direction.
More about Fulcrum Metals Plc
Fulcrum Metals PLC is a technology-led natural resources company listed on AIM, focusing on the recovery of precious metals from mine tailings in Canada. The company employs environmentally friendly leaching technology developed by Extrakt Process Solutions LLC. Fulcrum’s initial projects are located at the former Teck-Hughes and Sylvanite gold mines in Kirkland Lake, Ontario, with interests in other mineral exploration and development projects in Ontario and Saskatchewan.
Average Trading Volume: 710,172
Technical Sentiment Signal: Sell
Learn more about FMET stock on TipRanks’ Stock Analysis page.