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Technology Metals Australia managing director Ian Prentice makes on-market purchase

Technology Metals’ Gabanintha Vanadium Project in the Mid-West region of Western Australia was recently assessed as a Lead Agency Project.

Technology Metals Australia Ltd - Technology Metals Australia director Ian Prentice makes on-market purchase
Gabanintha Vanadium is a high-grade, low-cost project

Technology Metals Australia Ltd (ASX:TMT) managing director Ian Prentice has acquired 53,170 shares in the company.

The on-market trade was conducted during a 48-hour trading window approved by the board of the company in accordance with the company share trading policy.

Gabanintha Vanadium Project

Technology Metals’ high-grade, low-cost, large-scale, long-life Gabanintha Vanadium Project (GVP) in the Mid-West region of Western Australia has recently been assessed as a Lead Agency Project.

This assessment by the WA Department of Mines, Industry Regulation and Safety’s Lead Agency Framework is in line with the Western Australian Government’s support for critical minerals projects as part of its 'Future Battery Industry Strategy'.

The GVP is expected to generate significant economic and social benefits for the Mid-West region, the state of WA and the nation over a long period of time.

This assessment means that a principal policy officer will be assigned to assist the company with key approvals advice as well as in the coordination of project approvals across government going forwards.

Quick facts: Technology Metals Australia Ltd

Price: 0.375 AUD

ASX:TMT
Market: ASX
Market Cap: $46.2 m
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