Kazera Global plc (GB:KZG) has released an update.
Kazera Global plc has completed the mechanical commissioning work at its Whale Head Minerals Heavy Mineral Sands Project in South Africa, with electrical work expected to finish soon, paving the way for production and sales. The company is also addressing new regulatory requirements from the National Nuclear Regulator, which are not expected to impact the project financially and are deemed a procedural step given the project’s strong cash flow forecasts. Kazera, which focuses on developing early-stage mineral assets, is also in the process of divesting its interest in a Namibian tantalite mining operation.
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