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Strategic Metals’ Terra CO2 Secures Funding for Utah Plant

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Strategic Metals’ Terra CO2 Secures Funding for Utah Plant

Strategic Metals (TSE:SMD) has released an update.

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Strategic Metals has announced that its portfolio holding, Terra CO2 Technology, secured $52.6 million from the U.S. Department of Energy to build a new facility in Utah. This facility will produce a low-emission, cost-effective alternative to traditional cement, significantly reducing carbon emissions.

For further insights into TSE:SMD stock, check out TipRanks’ Stock Analysis page.

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