Empire Metals focuses on titanium potential at Pitfield project after strategic refinement
–News Direct–
Empire Metals Ltd (AIM:EEE) managing director Shaun Bunn takes Proactive's Stephen Gunnion through key updates and strategic decisions impacting the company.
Bunn highlighted that the company secured all mineral rights for its Pitfield titanium project in Western Australia, which he said cleared up market confusion over rights entitlement. This consolidation under a single joint venture precludes third-party interferences in their operations, especially important for their titanium mineral project.
Additionally, he said Empire Metals decided not to proceed with the acquisition of the Staveley project in Victoria, opting to focus resources on the Pittsfield project, reflecting a strategic refinement towards more promising ventures.
The Pittsfield project has shown e...