Australia's Future Metals NL rises on $50 mln savings on platinum project

Future Metals NL

16/04/2026 06:22

** Shares of Australia's Future Metals NL FME.AX rise as much as 5% to A$0.021, its highest level since April 10

** Mineral explorer to enter into discussions with MoU partner Zeta Resources, to potentially maximise value of assets in relation to Panton PGM platinum project

** Says new assessment identified initial project capital savings of up to A$74 mln ($53.19 million)

** Despite moves, stock down 42.9%

($1 = 1.3912 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))