Capital Metals PLC's (LON:CMET) Mike Frayne tells Proactive's Andrew Scott the company's in a strong position to secure final permitting approvals for its minerals sands project in Sri Lanka. He says, all going well, that will lead to the grant of a mining licence as well as discussions with potential offtake partners ahead of first production in 12-18 months. Frayne says the Eastern Minerals project is one of the highest grade and economically robust minerals sands deposits in the world.
Capital Metals 'in strong position' as it focuses on permitting ahead of first production next year
