Onwards And Upwards3 May 2025 09:14
An Extract Taken from Financial Pulse Website……
MET1—Getting Ready to Answer Europe’s Battery Metal Crunch
The electric vehicle surge has Europe scrambling for battery metals, and Metals One (London: MET1) is strategically positioned to meet this demand. With projects in Finland and Norway, Metals One offers local, ethical sources of nickel, copper, and cobalt—essential components for EV batteries.
Finland’s Black Schist Project boasts an Inferred Mineral Resource of 57.1 million tonnes containing nickel, zinc, copper, and cobalt. Located adjacent to Europe’s largest operating nickel mine, this project benefits from established infrastructure and a mining-friendly environment, facilitating efficient development.
In Norway, the Råna Project covers 18 km2 across three exploration licenses. It targets massive sulphide nickel-copper-cobalt mineralization. Its proximity to existing infrastructure and transport routes enhances its development potential.
And now, with a recent resource upgrade, Metals One’s total in-ground metal value across its projects has reached an estimated £3 billion at today’s prices. That’s the value of what’s already in the ground, before any price upside, development, or growth.
Given the fact that Europe has said they want to become independent from China and the U.S, we expect that the European government will fully back companies like MET1 and green light their fast development while given them huge tax incentives and other grants.
With MET1 trading at just around 30 pence, we anticipate its share price to skyrocket to over £5. The moment to act is now, before the stock takes off.