29 August 2025
29 August 2025
First gold production from the KEP is expected by Q1 FY27.
The permits, issued by the Central African country, are part of a deal signed in July.
The capital raise is aimed at strengthening the company's balance sheet and providing financial flexibility to pursue its Towards 2030 strategy.
The company stated that the results indicate the challenges in the market due to tough pricing conditions in both the nickel and lithium sectors.
The move expands Luca's land holdings in the region by more than 25% to approximately 10,000ha.
The project aims to produce 1kg of rubidium chloride per week with a purity of 95% or higher.
This MoA builds on indicative offtake terms announced in June, advancing Troilus’ tie-up with Aurubis to a more formal stage.
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