Technology Minerals PLC (GB:TM1) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Technology Minerals PLC, a UK company focusing on creating a sustainable circular economy for battery metals, has announced a significant cost reduction program that includes workforce redundancies and operational streamlining. The aim is to improve business efficiency and concentrate on key assets, such as its stake in Recyclus Group Ltd. The program also sees the departure of Philip Beard as an Independent Non-Executive Director and Chairman of the Remuneration Committee.
For further insights into GB:TM1 stock, check out TipRanks’ Stock Analysis page.