5p rerate by zak mir17 Apr 2023 09:03
Technology Minerals (TM1), the company focused on battery metals, announce that its 48.25% owned battery recycling business, Recyclus Group Ltd, has received the final βDraft Operator Reviewβ from the Environment Agency for the variation licence to commence full operations for its lithium-ion battery recycling plant in Wolverhampton, West Midlands. The company said that receiving the EA final approval draft to commence full automated operations at our Li-ion battery recycling plant in Wolverhampton is a landmark moment for the Company and for the UK.
Comment: So far TM1βs share price has doubled in recent weeks, this looks to be more than justified given the latest βlandmarkβ news. One would expect a further re-rate back to where the shares were at the beginning of last year.