Keras Resources Advances Nayéga Manganese Project in Togo

Keras Resources ( (GB:KRS) ) has issued an update.

Keras Resources plc announced a significant update regarding its cooperation agreement with the Republic of Togo for the Nayéga manganese mine. Société Togolaise de Manganèse has secured a mining permit, allowing full-scale operations to commence, and has signed agreements with CMTP for mining and logistics and with Fujax Group Limited for the sale of manganese ore. Keras will receive advisory and brokerage fees from the project, which will support its US operations. This development is expected to enhance Keras’s financial position and operational capabilities, potentially impacting its stakeholders positively.

More about Keras Resources

Keras Resources plc, listed on AIM under the ticker KRS, wholly owns the Diamond Creek organic rock phosphate mine in Utah, US. The company focuses on producing high-grade organic phosphate products tailored to the organic fertilizer market. Keras is expanding its market share through traditional milled dry rock products and a joint venture with Phosul LLC, aiming to establish Falcon Isle Resources as a leading organic phosphate producer in the US.

YTD Price Performance: -31.91%

Average Trading Volume: 77,463

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.53M

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