Strategic Minerals (GB:SML) has released an update.
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Strategic Minerals’ subsidiary, Cornwall Resources Limited, is set for a boost as the UK 2024 Criticality Assessment reaffirms tungsten and tin as critical minerals. This designation enhances the strategic importance of their Redmoor project, positioning it as a potential key supplier of these metals crucial for the UK’s supply chain resilience. The development aligns with global shifts towards securing domestic sources of vital minerals.
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