Metals One PLC (GB:MET1) has released an update.
Metals One PLC has initiated a Preliminary Economic Assessment for its Black Schist Project in Finland, aiming to evaluate the project’s economic viability and establish a concept for commercial production. The assessment, conducted by consultancy firm Wardell Armstrong International, will analyze potential mining and processing schemes and is a step towards applying for EU Strategic Project status to facilitate funding and development. The company has recently doubled the project’s resource estimate, underscoring its commitment to advancing strategic mineral projects in Europe.
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