IN BRIEF: Strategic Minerals gets two-year extension for Cobre access
28th Nov 2024 12:24
Strategic Minerals PLC - Says its access to the Cobre magnetite stockpile in New Mexico has been extended by two years to March 31, 2029. The firm has also received a new purchase order for 2025 for up to 30,000 tonnes from one of its "major clients". Executive Director Mark Burnett says: "Combined with a significant new purchase order, this [extension] should underpin the revenue profile for Strategic Minerals into 2025 and beyond and provide scope to expand operations across the portfolio of Strategic Minerals assets." It expects full-year sales at Cobre to exceed USD4.5 million. Read More