Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Critical Metals 'making good progress towards completion of first potential acquisition'

Critical Metals 'making good progress towards completion of first potential acquisition'

Critical Metals PLC (LSE:CRTM) (LSE:CRTM) Russell Fryer joins Proactive London to talk about their advanced funds for their facilities and infrastructure at Molulu, in the Democratic Republic of Congo, where it is working to acquire a copper-cobalt project.

The company announced in May a deal to acquire a majority stake in Madini Occidental Ltd which holds an indirect 70% beneficial interest in a 'small scale mining license'. The licence, which is host to the Molulu project, is described as being adjacent to several medium and large-scale producers