24th Jun 2025 21:35
Alien Metals Ltd - Australia-focused minerals explorer and developer - Pretax loss narrows to USD1.6 million in 2024 from USD3.7 million in 2023. Administration expenses fall to USD1.4 million from USD2.7 million, other losses drop to USD77,000 from USD1.2 million. Alien's core focus remains the Hancock iron ore project. It says significant work has been done in moving this project towards production. Further work remains to be done in optimising the development pathway and the funding structure. "We continue to review potential joint venture interest in the project," Alien Metals says. In addition, the company says Elizabeth Hill and Munni Munni will benefit from strategic joint venture partnerships, while it has laid the groundwork for significant 2025 field programs at Brockman and Vivash Gorge.
Current stock price: 0.080 pence, unchanged in London on Tuesday
12-month changed: down 38%
By Jeremy Cutler, Alliance News reporter
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