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Fulcrum Metals Plc ( (GB:FMET) ) has shared an update.
Fulcrum Metals plc announced the identification of gallium at its Teck-Hughes and Sylvanite gold tailings projects in Ontario, Canada. This discovery, alongside previously identified tellurium, could significantly enhance the value of these projects, positioning them as key contributors to Canada’s supply of critical minerals essential for the global energy transition. With China dominating global production of these minerals, Fulcrum’s projects could reduce reliance on imports, aligning with Canada’s strategic interests. Further sampling and metallurgical work are planned to optimize the extraction process, supported by Ontario’s streamlined mineral recovery framework.
More about Fulcrum Metals Plc
Fulcrum Metals plc is a technology-led company focused on the recovery of precious metals from mine tailings in Canada. The company operates in the mining sector and is listed on the AIM market. Its primary focus is on extracting gold and other critical minerals such as gallium and tellurium from tailings, positioning itself as a sustainable domestic source of these materials for Canada.
YTD Price Performance: -38.71%
Average Trading Volume: 449,232
Technical Sentiment Signal: Buy
Learn more about FMET stock on TipRanks’ Stock Analysis page.