04 March 2024
04 March 2024
As the pace of vehicle automation in the mining industry grows, one often-underestimated concern is the software needed to manage automated and remotely controlled fleets, and the importance of training.
Following the announcement, the company has seen its stock price plummet.
This move positions the Wolfsberg Lithium Project as Critical Metals' initial flagship asset.
The proposed mine is expected to meet more than a quarter of US copper demand.
The company is also streamlining other general and administrative expenses, seeking to extend its financial runway.
Larisoro is a shallow open-pit mine that has produced manganese ore with an average manganese content of 33.41% over the past six years.
Under the agreement, Aston Bay is required to invest a minimum of C$3m ($2.21m) in exploration expenditures over the next four years.
The deal is set to enhance Outback's portfolio with highly prospective gold projects in Finland.
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