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Titanium Sands ( (AU:TSL) ) has shared an announcement.
Titanium Sands Limited has received the Terms of Reference (ToR) for the environmental assessment of its Mannar Heavy Mineral Project from the Sri Lankan Central Environment Agency. This marks a significant step forward in the regulatory approval process, as it outlines the requirements for the Environmental Impact Assessment (EIA), which is essential for obtaining an Industrial Mining License. The ToR was developed with input from 35 regulatory bodies and includes comprehensive environmental and community engagement plans. The project is expected to create significant employment opportunities and boost revenues for the Sri Lankan government, while focusing on environmentally friendly and socially inclusive practices.
More about Titanium Sands
Titanium Sands Limited is a company operating in the mineral sands industry, focusing on the exploration and development of heavy mineral sands projects. The company is primarily engaged in the Mannar Heavy Mineral Project in Sri Lanka, which aims to establish a high-grade mineral sands operation.
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.01M
For an in-depth examination of TSL stock, go to TipRanks’ Stock Analysis page.