Vital Metals Ltd (AU:VML) has released an update.
Vital Metals Ltd has successfully completed the sale of its stockpiled rare earth materials from the Nechalacho project, receiving a total of C$3 million from the Saskatchewan Research Council. This sale allows the company to focus on developing its Tardiff deposit, with a Scoping Study for the project expected by the end of 2024. The sale underscores Vital Metals’ progress and their commitment to establishing a significant rare earth supply for North America.
For further insights into AU:VML stock, check out TipRanks’ Stock Analysis page.