Vital Metals Ltd (AU:VML) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.