09 April 2026
09 April 2026
The merger will create a US-controlled platform for deep-sea exploration and extraction of polymetallic nodules.
The extension continues operations until at least 30 March 2029, adding approximately A$180m ($125m) in value over the additional 12 months.
The project is the first new ISR uranium mine in the US in more than ten years.
The model is designed to enhance productivity and reliability, building on the foundation set by the DD422i model.
Técnicas Reunidas will use RARETECH technology for the initial refinement of rare earth mineralisation.
Richmond Hill will obtain full legal and beneficial interests in the claims.
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