RNS Number : 6209K
Capital Metals PLC
29 May 2025
RNS Reach announcement*
29 May 2025
Capital Metals PLC
("Capital Metals" or the "Company")
Initiation of Research Coverage by Hannam & Partners
Capital Metals (AIM: CMET), a mineral sands company approaching mine development stage at the high-grade Taprobane Minerals Project in Sri Lanka (the "Project"), announces that Hannam & Partners has initiated equity research on the Company. Qualified investors can access Hannam & Partners' report by registering on the research portal of the Hannam & Partners website at: www.hannam.partners.
For further information, please visit www.capitalmetals.com or contact:
Capital Metals plc Greg Martyr (Executive Chairman)
Via Vigo Consulting
Vigo Consulting (Investor Relations) Ben Simons / Peter Jacob
About Capital Metals
Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Taprobane Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential. We are committed to applying modern mining practices and bringing significant positive benefits to Sri Lanka and the local community. We expect over 300 direct new jobs to be created and over US$130m in direct government royalties and taxes to be paid.
Visit our website:
www.capitalmetals.com
Follow us on social media:
X: @MetalsCapital
LinkedIn: @Capital Metals plc
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