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

Archive

Capital Metals PLC says getting mining licences is 'big tick' in box for offtake talks

Capital Metals PLC says getting mining licences is 'big tick' in box for offtake talks

Capital Metals PLC (AIM:CMET) chief executive Michael Frayne says “it’s a big day for us” as the company is granted two mining licences for high-grade Eastern Minerals mineral sands project in Sri Lanka. He explains the background to the decision, the significance of the project in terms of end-market demand for the minerals, and what happens next.