RCS - Metals One PLC - U.S. Policy Momentum Reinforces Value of Projects

Metals OneAnnouncement

27/05/2025 07:00

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RNS Number : 1023K  Metals One PLC  27 May 2025

27 May 2025

 

Metals One Plc

("Metals One" or the "Company")

 

U.S. Policy Momentum Reinforces Strategic Value of Metals One's Uranium
Projects

 

Proposed executive orders underscore importance of domestic uranium supply for
U.S. energy security and clean energy transition

 

Metals One (AIM: MET1), a minerals exploration and development company, notes
the nuclear energy-related executive orders signed by President Trump on
Friday that will reportedly speed up reactor testing, allow the Departments of
Energy and Defense to build nuclear reactors on federally owned land, overhaul
the Nuclear Regulatory Commission and boost the United States' mining and
enrichment of uranium.

 

The Board of Metals One believes the Company is well positioned to benefit
from this positive policy development. Metals One recently announced on 22 May
2025, the initiation of Phase 1 exploration programmes at the Company's U.S.
uranium and vanadium projects in Colorado and Wyoming. The strategic direction
of U.S. federal policy further reinforces the Company's rationale for
advancing these assets.

 

The Company is commencing exploration work in anticipation of completion of
the acquisition of these U.S. uranium projects, located in historically
productive uranium mining districts, which remains subject to various
conditions as outlined in the 24 April 2025 announcement.

 

Craig Moulton, Chair of Metals One, commented:

 

"The direction of U.S. energy policy clearly signals a growing commitment to
nuclear power as a cornerstone of national energy independence and climate
strategy. These executive orders to support uranium production and advanced
nuclear technologies are fully aligned with Metals One's strategic entry into
U.S. uranium exploration. With Phase 1 exploration already underway, we are
well positioned to contribute to the next generation of domestic nuclear
supply and energy resilience."

 

Metals One will provide updates on exploration progress and completion of the
uranium project acquisitions in due course.

 

Enquiries:

 

 Metals One Plc                                                       via Vigo Consulting

 Jonathan Owen, Chief Executive Officer                               +44 (0)20 7390 0234

 Craig Moulton, Chairman

 Beaumont Cornish Limited (Nominated Adviser)                         +44 (0)20 7628 3396

 James Biddle / Roland Cornish

 www.beaumontcornish.com (http://www.beaumontcornish.com)

 SI Capital Limited (Joint Broker)                                    +44 (0)14 8341 3500

 Nick Emerson

 Capital Plus Partners Limited (Joint Broker)                         +44 (0)20 3821 6169

 Jonathan Critchley

 https://www.capplus.co.uk/ (https://www.capplus.co.uk/)

 Vigo Consulting (UK Investor Relations)                              +44 (0)20 7390 0234

 Ben Simons / Kendall Hill / Anna Stacey

 metalsone@vigoconsulting.com (mailto:metalsone@vigoconsulting.com)

 Fairfax Partners Inc (North America Investor Relations)              +1 604 366 6277

 connect@fairfaxpartners.ca (mailto:connect@fairfaxpartners.ca)

 

About Metals One

 

The race for critical minerals is on. Metals One is pursuing a critical
minerals exploration and M&A strategy, underpinned by the Western World's
urgent need for reliably and responsibly sourced raw materials such as copper,
nickel, cobalt, zinc, uranium and vanadium - all of which are vital to the
clean energy transition.

 

Our Northern Europe portfolio comprises copper, nickel, cobalt and zinc
projects in Finland and Norway, including a 57.1 Mt nickel-copper-cobalt-zinc
Inferred Resource adjacent to one of Europe's largest nickel producers, aiming
to help meet Europe's demand for strategic minerals sourced directly from
within the continent.

 

Our North America portfolio is expected to comprise uranium and vanadium
exploration projects (subject to completion of acquisition) in prolific and
historical U.S. uranium mining regions, targeting critical minerals essential
for U.S. clean energy generation, grid storage, and energy security.

 

The potential acquisition of gold mining claims within the prolific Carlin
Gold Trend in Nevada, USA, if completed, would mark our entry into the gold
exploration sector and diversification of our portfolio of critical minerals
assets.

 

Metals One's shares are listed on the London Stock Exchange's AIM Market
(MET1).

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/metals-one-plc/
(https://www.linkedin.com/company/metals-one-plc/)

X: https://x.com/metals_one_PLC (https://x.com/metals_one_PLC)

 

Subscribe to our news alert service on the Investors page of our website at:
https://metals-one.com (https://metals-one.com)

 

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