Critical Metals Plc (GB:CRTM) has released an update.
Critical Metals Plc has started delivering copper ore from its Molulu project in the DRC, with the first 40-tonne batch now at OM Metals for processing. The company has renegotiated its financial obligations, deferring payments on a $3 million loan facility until December 2024, while implementing cost-saving measures to preserve cash. Plans for a solar power unit are also in discussion to reduce operational costs and support future projects.
For further insights into GB:CRTM stock, check out TipRanks’ Stock Analysis page.
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