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The latest announcement is out from GCM Resources ( (GB:GCM) ).
GCM Resources successfully passed all ordinary and special resolutions during its Annual General Meeting on December 17, 2025. This progress reflects the company’s commitment to its plans for the Phulbari Coal and Power Project, which is pivotal to its strategy of providing efficient and affordable coal-based energy solutions to Bangladesh, pending government approval.
More about GCM Resources
GCM Resources plc is an AIM-listed mining and energy company specializing in coal and power generation projects. The company has identified a JORC-compliant coal resource of 572 million tonnes at its Phulbari Coal and Power Project in northwest Bangladesh. GCM focuses on supplying coal to Bangladesh’s coal-fired power plants, aiming to provide cost-effective energy solutions with strategic development partners.
Average Trading Volume: 797,515
Technical Sentiment Signal: Buy
Current Market Cap: £19.34M
Learn more about GCM stock on TipRanks’ Stock Analysis page.