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Metals One PLC ( (GB:MET1) ) has provided an announcement.
Metals One PLC has completed the acquisition of the Uravan Uranium-Vanadium Project in Colorado, securing a strategic position in a historically productive mining district. This acquisition enhances the company’s North American critical minerals portfolio, providing exposure to uranium and vanadium, which are essential for the global clean energy transition. The ongoing exploration program aims to validate historical data and advance the project, with results potentially leading to a Phase 2 drilling program later in 2025. Additionally, the company announced a change in its board of directors, with Winton Willesee stepping down and a search for a new independent non-executive director underway.
More about Metals One PLC
Metals One PLC is a minerals exploration and development company focused on critical minerals and gold exploration, with operations spanning Finland, Norway, and the USA. The company is listed on the London Stock Exchange’s AIM Market and is involved in projects that include copper, nickel, cobalt, zinc, uranium, vanadium, and platinum group metals, which are vital to the clean energy transition.
Average Trading Volume: 13,605,130
Technical Sentiment Signal: Strong Buy
Learn more about MET1 stock on TipRanks’ Stock Analysis page.