InvestSMART

Apollo Minerals Limited (ASX:AON)

ALERT: Price-sensitive ASX Announcement for AON
Current share price for AON : $0.066 0.012 (22.22%)+
Announcement
Release
27 Jul 2026 9:15AM
Price at Release
$0.054
Full Release
download
Summary
Apollo Minerals Limited announced that their Couflens exploration permit has been reinstated by France's highest administrative court and confirmed as valid for five years by the Directorate General for Energy and Climate. However, NGOs have filed for an interim suspension of the validation letter, an action that does not affect the permit itself. The French State plans to appeal this suspension, emphasizing the strategic importance of the Couflens tungsten deposit. Apollo Minerals continues its activities under the valid permit.
Key Points
  • Apollo Minerals Limited has had its Couflens exploration permit reinstated by France's highest administrative court.
  • The permit is confirmed to be valid for five years following a letter from the Directorate General for Energy and Climate.
  • A group of NGOs filed for an interim suspension of the validation letter, but not the permit itself.
  • The French State intends to appeal the interim suspension at the Council of State.
  • The Couflens tungsten deposit is of strategic importance to France's supply chains.
  • Despite the interim suspension, Apollo Minerals continues its activities as the permit remains valid.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.