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RNS Number : 9952C Power Metal Resources PLC 13 October 2025
13 October 2025
Power Metal Resources plc
("POW", "Power Metal" or the "Company")
GSAe update
Power Metal Resources plc (AIM:POW, OTCQB:POWMF), the London-listed natural
resources exploration company and project incubator with a global project
portfolio, is pleased to provide an update on its 75% owned subsidiary GSA
Environmental Ltd ("GSAe"). GSAe is presently in advanced discussions with
numerous parties for the licensing of its core metals extraction technologies
and moreover, has recently completed an initial commission for a global
titanium dioxide ("TiO(2)") producer into the treatment of its metal rich
wastes streams. Furthermore, GSAe has continued in-house research and
development work into multiple industrial wastes, including mine tailings, and
thereafter, establishing new proprietary process designs.
Strong progress has been achieved across the spectrum of GSAe's operations,
which applies its world leading technologies to enable the economic extraction
of critical and strategic materials from 'secondary sources' such as power
station ashes, refinery residues, TiO(2) wastes and spent catalysts.
Highlights
· Multi-stage commission ongoing with a leading Saudi Arabian
company into the remediation of significant volumes of waste arising in its
world scale industrial operations;
· Advanced discussions ongoing with respect to a FEED study and
related licensing agreement for a metals recovery facility, also in Saudi
Arabia. This follows completion of a prefeasibility study successfully
undertaken by GSAe earlier in the year;
· First phase commission completed for a global TiO2 producer to
treat associated waste streams, which are becoming an increasingly pressing
issue throughout the entire industry due to higher disposal costs and the push
for zero landfill;
· Joint venture discussions ongoing with a major European recycling
company into the remediation of various toxic industrial wastes currently
neutralised and sent to landfill, including TiO(2) sluice
· Engagement with multiple companies looking to GSAe as a source of
critical and other valuable metals such as vanadium, nickel and rare earth
elements, including scandium;
· Applying for up to €2.5 million by way of EU backed grant
funding, following on the back of the successful award of a sizeable grant
from Innovate UK and
· Utilising the proceeds of the aforementioned grant to underpin the
development of a multi-feed metals demonstration plant with the view
processing assorted toxic wastes generated in industrial facilities across the
north of England currently sent to landfill.
Sean Wade, Chief Executive Officer of Power Metal Resources plc, commented:
"It is encouraging to see the progress being made across GSAe and the
potential its projects will bring. With the growing demand for critical
materials, the use of economic extraction from waste provides an innovative
solution and GSAe is building a secure network in Saudia Arabia, the UK, and
Europe to reduce the anticipated and ongoing supply deficits in the key
materials via sustainable waste extraction.
I look forward to providing the market with further updates on GSAe's
activities in due course."
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.
For further information please visit https://www.powermetalresources.com/
(https://www.powermetalresources.com/) or contact:
Power Metal Resources plc
Sean Wade (Chief Executive Officer) +44 (0) 20 3778 1396
SP Angel Corporate Finance LLP (Nomad and Joint Broker)
Ewan Leggat/Jen Clarke +44 (0) 20 3470 0470
Tamesis Partners LLP (Joint Broker)
Richard Greenfield/Charlie Bendon +44 (0) 20 3882 2868
BlytheRay (PR Advisors)
Tim Blythe/Alastair Roberts +44 (0) 20 7138 3204
powermetalresources@blytheray.com
NOTES TO EDITORS
Power Metal Resources plc (AIM: POW, OTCQB: POWMF) is a London-listed metals
exploration company which finances and manages global resource projects and is
seeking large scale metal discoveries
The Company has a principal focus on opportunities offering district scale
potential across a global portfolio including precious, base and strategic
metal exploration in North America, Africa, Saudi Arabia, Oman and Australia.
Project interests range from early-stage greenfield exploration to later-stage
prospects currently subject to drill programmes.
Power Metal will develop projects internally or through strategic joint
ventures until a project becomes ready for disposal through outright sale or
separate listing on a recognised stock exchange thereby crystallising the
value generated from our internal exploration and development work.
Value generated through disposals will be deployed internally to drive the
Company's growth or may be returned to shareholders through share buy backs,
dividends or in-specie distributions of assets.
**Ends**
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