IN BRIEF: Capital Metals extends memorandum with LB Group to December
Capital Metals PLC - London-based, Sri Lanka-focused mineral sands mining company - Extends memorandum of understanding with LB Group to December 31, in order to fund the project into production. LB Group is a manufacturer of high-performance titanium dioxide pigments and sponge. The agreement, previously announced in May, is to fund the Eastern Minerals project into production. LB Group will "fully" fund the project, which is estimated to cost USD81 million. Read More