Alien Metals (GB:UFO) has released an update.
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Alien Metals Ltd has announced the grant of a 21-year mining lease for the Hancock Project in Western Australia, marking a significant advancement towards production. The company has secured agreements and completed a development study indicating strong project economics, and is actively working on increasing resources at the site. With essential infrastructure and port access agreements in progress, Alien Metals is moving closer to initiating iron ore exports from the project.
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