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Metals One PLC ( (GB:MET1) ) has issued an update.
Metals One PLC has announced the results of a Preliminary Economic Assessment (PEA) for its Black Schist Ni-Cu-Co-Zn Project in Finland, identifying the Rautavaara deposit as a key driver of economic value. The company plans to apply for Strategic Project Status under the European Critical Raw Materials Act, a move that could enhance project financing and streamline permitting processes, thereby potentially increasing the project’s long-term viability in the face of fluctuating nickel prices and global production challenges.
More about Metals One PLC
Metals One PLC is a company focused on advancing strategic mineral projects in Finland and Norway, primarily dealing with the extraction and development of nickel, copper, cobalt, and zinc. The company is particularly interested in the Black Schist Ni-Cu-Co-Zn Project in Finland, where it seeks to develop valuable mineral deposits.
YTD Price Performance: 1.19%
Average Trading Volume: 796,169
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of MET1 stock, go to TipRanks’ Stock Analysis page.