Capital Metals 'in strong position' as it focuses on permitting ahead of first production next year

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.